Business Daily | by Patrick Alushula
Pending bills by State agencies dropped by Sh23.7 billion in three months to last December, new data shows, pointing to the impact of Treasury’s push for clearance of supplier debts and statutory deductions.
Treasury reports show that arrears amounted to Sh322.5 billion at the end of December—a 6.8 per cent drop from Sh346.2 billion in September—offering partial cash flow reprieve to some government suppliers and contractors whose earnings were also hammered by Covid-19 disruptions.
Pending bills include payment to contractors, suppliers…
