By EDWIN MUTAIMore by this AuthorPressure is piling on the Treasury to set new rules for donor-funded projects as a stash of foreign cash remains unutilised over the years. The National Assembly’s Public Accounts Committee (PAC) has given acting Treasury Secretary Ukur Yatani three months to develop a framework to address challenges associated with low absorption of donor funds, including procurement issues. “This implies that more than half of the activities budgeted for development programmes were not implemented. Mr Ouko said in the previous financial year, funds amounting to Sh1.6 billion were not received. The Treasury told the committee that the main activities under the Malaria Grant are the procurement of long-lasting insecticide-treated mosquito nets and rapid diagnostic test kits.

Source: Daily Nation December 20, 2019 16:52 UTC