Transaction advisor to guide issuance of pending bills bond

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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.

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