Nairobi, Aug. 19 -- State entities rolled over accumulated debts amounting to Sh359.5 billion from the financial year ended June 2021 to the current year, ignoring National Treasury Cabinet Secretary Ukur Yatani's order to pay up and putting operations of small suppliers and contractors in jeopardy.
Mr Yatani says in the latest quarterly budgetary filings that arrears at national level increased Sh51.7 billion, or 16.8 percent, from Sh307.8 billion in three months from March, compounding cash flow challenges for businesses.
The accumulation of pending bills intensified despite the Treasury repeatedly issuing circulars to state organisations to prioritised payment of debts, especially to contractors and suppliers.
Mr Yatani had in his Bud...