Process of Verification of Pending Bills begins.
The National Treasury PS Dr. Chris Kiptoo has said the Government is cognizant of the urgent need to address the Pending Bills threat, and releasing the much-needed liquidity, facilitate better economic performance and restore confidence and hope, particularly to the MSEs micro who suffer the greatest hazard resulting from unpaid bills for delivered services.
Addressing a press conference in at Treasury Building today, PS Dr. Kiptoo reiterated the Government’s commitment to address the issue of pending bills in the country and assured that going forward the government will initiate major reforms to curb pending bills problem, and noted that the shall be no acceptance or tolerance of accumulation of unpaid bills.
“The process of verification of pending bills has started this morning, all verifiable pending bills will be paid after scrutiny, analysis, verification by the committee”, said the PS.
He exuded confidence that the committee has made important milestones in developing and adopting a workplan and strategies, for the verification process and development of a digital system where pending bill submitted, and tracked until the final decision is made.
Also present was Interior CS Dr. Raymond Omollo who welcomed the progress saying clearing of the bills will ensure better service delivery to Kenyans. Chairman of the Pending Bills Commitee, Mr. Edward Ouko said pending bills of over KSh 146 Billion have so far been received and the figures are expected to go up after the final process.
The Cabinet under the leadership of His Excellency the President, approved a resolution for the verification of all pending bills from 1st July 2005 to 30th June 2022, to actualize this commitment , the Cabinet Secretary to the National Treasury and Economic Planning Prof. Njuguna Ndung’u constituted the Pending Bills Verification Committee (PBVC).
The PBVC major mandate will be to scrutinize and analyze the existing National Government pending bills that have accumulated from 1st July 2005 to 30th June 2022 and make recommendations to the Government on settlement of the same.