Pending bills by State agencies top Sh450bn

Julius Muia, the Treasury Principal Secretary. FILE PHOTO | NMG

Pending bills by State agencies nearly hit Sh450 billion in the year ended June 30, new data shows after the Treasury relaxed its push for clearance of supplier debts and statutory deductions.

Treasury reports show that arrears rolled over to this financial year amounted to at least Sh448.05 billion, compounding cash flow challenges for some government suppliers and contractors whose earnings were also hammered by the social distancing measures imposed to stem the spread of the coronavirus.

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