Treasury eyes mini-budget in March to pay billions State owes businesses

The National Treasury Principal Secretary Chris Kiptoo. FILE PHOTO | BONFACE BOGITA | NMG

The State will partly use a mini-budget planned for March to pay contractors amid renewed efforts to settle the more than Sh630 billion worth of pending bills to ease cash-flow woes among businesses.

Treasury PS Chris Kiptoo said on Wednesday the committee tasked with verifying the bills will present the first list of claims by mid-March, paving the way for including the dues in the supplementary budget.

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