Pending bills up by Sh128bn in nine months

Treasury Cabinet Secretary Njuguna Ndung’u. FILE PHOTO | DIANA NGILA | NMG

There was no reprieve for suppliers in the new administration of President William Ruto after pending bills grew by Sh128.3 billion in the first nine months of the just-ended financial year.

Total pending bills hit Sh567.5 billion by the end of June, translating to a 29.2 percent growth, even as the Kenya Kwanza government vowed to cut the supplier debt, which has been blamed for reducing the cash flow for businesses.

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Note: The results are not exact but very close to the actual.