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Kenya to clear Sh650bn pending bills in 12 years at current pace
Principal Secretary, State Department for Roads Joseph Mungai Mbugua when he appeared before the John Mbadi-led Public Accounts Committee that grilled him over financial expenditure for the financial year ending 2020/21 at the parliament buildings Nairobi on February 1, 2024. PHOTO | DENNIS ONSONGO | NMG
Kenya will take more than 12 years to clear payments to road contractors whose certified works stood at Sh650 billion as at the end of the financial year 2022/23.
The National Assembly’s Public Accounts Committee (PAC) heard that the Treasury allocated Sh40 billion to clear pending bills which stood at Sh162 billion in the financial year ended to June 2023.
