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Transaction advisor to guide issuance of pending bills bond
Tharaka Nithi county governor Muthomi Njuki briefs the media after the opening session of the Intergovernmental Budget and Economic Council on January 26, 2023. PHOTO | FRANCIS NDERITU | NMG
The government plans to hire a transactional advisor to guide the issuance of a bond to clear outstanding pending bills.
The move to be effected by the National Treasury aligns with the new administration's campaign promise which envisioned issuing a one-off Sh500 billion bond to settle the arrears.