Heavily indebted parastatals paid a record Sh91.7 billion owed to suppliers in the last days of President Uhuru Kenyatta, as they raced to pacify his political base ahead of the 2022 General Election.
Quarterly budgetary disclosures by the Treasury show the arrears, which are largely historical, dropped to Sh356.9 billion in September from a record Sh448.6 billion in June, the lowest level in one and a quarter years.
