Penalties on the State for delayed payments to suppliers and contractors have jumped 15.34 percent to Sh24.8 billion between June and December 2024, piling pressure on the government to clear its dues.
The latest report by Controller of Budget (CoB) Margaret Nyakang’o shows that the penalties for delayed payments rose from Sh21.5 billion in June 2024, meaning that the contractors and suppliers slapped the State with an additional Sh3.3 billion penalties in the six months to December.
