Treasury Confirms Transfer of Sh43.5 Billion to Counties, Urges Governors to Clear Pending Bills

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Treasury Ukur Yatani
Treasury Ukur Yatani

Treasury Cabinet Secretary Ukur Yatani has announced the transfer of Sh43.5 billion to county governments to clear dues owed to them up to April this year.

The CS stated that the ministry will clear the remaining dues for May and June 2021 in the coming days, further urging county bosses to clear their pending bills.

“The National Treasury & Planning (NTP) wishes to confirm that an additional KES 43.5 billion was released to County Governments on Tuesday 22nd June, 2021, thereby clearing dues up to April 2021.

“Accordingly, the National Treasury & Planning will continue to call on individual County Governments to prioritise the payment of pending bills owed to suppliers alongside their statutory dues,” CS Yatani said in a press statement released on Wednesday.

The CS insisted that counties should prioritise payment of pending bills owed to their suppliers and their statutory dues to boost economic activity in the counties, which is part of the inclusive economic recovery program for the country.

“The payment of these pending bills will be closely monitored and future transfers weighed against the fulfilment of this important obligation to the private sector, so as to spur economic activity at the county level as part of our ongoing and inclusive Economic Recovery Program,” he added.

 

 

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