1,537 firms submit Sh145.5bn pending bill request to the state - Capital Business
Connect with us

Hi, what are you looking for?

Kenyan Sh1000 notes /FILE

Government

1,537 firms submit Sh145.5bn pending bill request to the state

NAIROBI, Kenya, Jan 31 – A total of 1,537 companies have submitted unpaid pending bill requests to the state worth Sh145.5 billion as of January 30, 2024.

The Pending Bills Verification Committee said today the claims were distributed to 38 Ministries, Departments, and Agencies (MDAs).

Out of the 1,537 claims, 309 are for goods, 995 are for services, 1,197 are for work, and 2 are employee- or labour-related requests.

This comes at a time when the state is finding it hard to clear arrears owed to private and government businesses amid a cash shortfall.

“In this respect, once the pending bills are verified and confirmed, the public shall be informed of the quantum of the eligible pending bills and the policy recommendations to government in clearing of the bills,” the committee said.

For clarification of outstanding pending bills, the committee said that it will engage the respective accounting officers for proper analysis.

“We give assurance to the public that the committee will be objective, just and fair in undertaking its mandate and will be guided by the principles of transparency and accountability,’’ it added.

As of September 30, 2023, government unpaid bills stood at Sh630.6 billion.

The arrears comprised Sh509.4 billion (73.4 percent) and Sh121.2 billion (26.1 percent) for the state corporations (SCs) and ministries, state departments, and other government agencies.

State Corporations pending bills included payments to contractors, projects, suppliers, unremitted statutory and other deductions, pension arrears for the Local Authorities Pension Trust, and others.

The pending bills verification team added that it will release its first interim report in March 2024, after completing the process of verification.

Visited 2 times, 1 visit(s) today

More on Capital Business

Top Story

  Click here to connect with us on WhatsApp NAIROBI, Kenya, Sept 18 – Counties’ outstanding pending bills dropped by three percent to Sh176.8...

Kenya

NAIROBI, Kenya, Sept 4 – The government’s pending bills grew by Sh8.57 billion to Sh524.84 billion in the 2024/25 fiscal year (FY), new data...

Top Story

NAIROBI, Kenya, July 29 – Road contractors with pending bills will get an extra 40 percent payout after Cabinet approval. Click here to connect...

Kenya

NAIROBI, Kenya, July 16 – Kenya has turned to an innovative financing method to raise Sh175 billion and revive more than 580 stalled road...

Agriculture

NAIROBI, Kenya, June 7 — The government has finalized the leasing of Muhoroni Sugar Company and Chemelil Sugar Company, a significant step in efforts...

Top Story

NAIROBI, Kenya, May 13 – The government has rolled out a new industrial mapping exercise in Nairobi to modernize the country’s industrial landscape and...

Africa

NAIROBI, Kenya, May 6 – The Kenyan government is turning to smart technologies and private sector partnerships to address long-standing issues in water access...

Africa

NAIROBI, Kenya, Apr 5 – The government has launched a comprehensive industry mapping and geo-location exercise in Nairobi in a bid to accelerate the...