Treasury mulls mini-budget to clear Sh641bn pending bills

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG

The Treasury will table a Cabinet memorandum next week spelling out its plans to clear the Sh641 billion bills that the government owes contractors and suppliers.

Treasury Principal Secretary Chris Kiptoo told the National Assembly’s Budget and Appropriations Committee (BAC) that State corporations owe suppliers and contractors Sh407 billion, county governments (Sh160 billion) and ministries, departments and agencies (Sh18.3 billion).

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