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Kenya's Finance Minister Njuguna Ndung'u holds a briefcase on the day of presenting the Government Budget for the 2024/25 fiscal year at the Parliament building in Nairobi, Kenya June 13, 2024. REUTERS/Monicah Mwangi

Budget 2024-2025: Pending bills verification team to determine over Kes600Billion payments by October

By Monica MUEMA

The Pending Bills Verification Committee out together in November last year will determine will determine the outcome of pending bill claims valued at Ksh 662.3 billion by October 2024, according to Treasury CS Njuguna Ndung’u who in his Thursday Budget reading remarks.

President William Ruto inaugurated the Pending Bills Verification Committee in November, 2023 with the analysis of the pending bill claims submitted by MDAs is ongoing believed to be ongoing.

“In the last Budget Statement, I informed this House of the Government’s plan to establish a Pending Bills Verification Committee to carry out a thorough analysis of all stock of June 2022 and formulate measures to stop accumulation of pending bills going forward.

The general public has also been given an opportunity to submit any pending bill claims owed by the National Government. The Committee is expected to complete its work and submit a report by October 2024 for implementation within the fiscal framework,” said Prof Ndungu.

Verification committee has so far received 94,997 claims worth Sh662.3 billion. Analysis of claims ongoing, and committee expected to complete work by October 2024 for implementation within the fiscal framework.

Eligible pending bills are unsettled financial obligations that occur at the end of a financial year as a result of failure to pay for goods and services that have been properly procured.

 

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