The Kenyan Cabinet has approved Sh23.74 billion to settle outstanding payments to 28,726 suppliers and contractors. The decision comes after reports that some suppliers had waited for years to be paid for goods and services delivered to public entities. The payments cover claims dating back to previous years.
The move aims to address long-standing financial obligations owed to private sector entities. The Cabinet’s approval follows discussions on improving public procurement processes and ensuring timely payments. The funds will be distributed to various suppliers across different sectors.
This initiative follows previous efforts by the government to streamline payment mechanisms and reduce delays in public spending. Officials have acknowledged the need to improve transparency and accountability in financial transactions. The payment process will be closely monitored to prevent future delays.
