President William Ruto has announced that paying pending public sector pending bills will take precedence in the forthcoming government budget.
“We must restore confidence in the people who do business with the government by paying them on time,” stated The President in his recent address at the State House
He also emphasized that the government’s role is not to drive enterprises into financial ruin but rather to facilitate their performance and growth
At the address he also presided over the inauguration of the Pending Bills Verification Committee. Chaired by the former Auditor-General, Edward Ouko.
This committee has been tasked with streamlining the process of settling these outstanding bills and ensuring transparency in the disbursement of government funds.
President Ruto concluded by highlighting the importance of paying suppliers on time, asserting that it would bring discipline to the country’s fiscal management.
If fulfilled this approach is expected to provide much-needed relief to suppliers, particularly small and medium-sized enterprises, who are currently owed over KES 600 billion by the government.
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