Pending bills haunt governors - News Summed Up

Pending bills haunt governors


The reckless spending left in its wake bills of Sh100 billion with suppliers facing auctioneers as banks seize their assets to recover unpaid loans. At the end of the first quarter of the financial year last September, the pending bills stood at Sh99.2 billion. Pending bills grew from Sh37.8 billion in FY 2014/15 to Sh37.3 billion in 2015/16 to peak at Sh96.5 billion last June. Ms Odhiambo told counties to align procurement plans with their budgets and cash flow to avoid pending bills. The top auditor described the pending bills for Nairobi as especially worrying, seeing as they are 60 per cent of the national total.


Source: Daily Nation January 31, 2018 21:33 UTC



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