President William Ruto has said that the government will sort out pending bills. https://rb.gy/ta0xb2
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00:00 It is my pleasure to congratulate the Chairman, Mr. Uko, and the Vice-Chair, and the members
00:06 of the Pending Bills Verification Committee for your appointment.
00:11 As you are all aware, when I took office, I committed to bring the matter of public
00:19 sector pending bills to a speedy and conclusive resolution.
00:24 As we are all aware, again, the last time there was an effort to alleviate this challenge
00:31 of pending bills was about 17 years ago.
00:35 It is yet another moment in our history that we need to clean our slate and do justice
00:42 to everybody, especially the people who do business with government, and more particularly
00:52 the micro, small, and medium enterprises that are the largest suppliers of government, who
00:59 today our stock of pending bills is all the way to above 600 billion.
01:10 That is the money government at various levels owe our suppliers, many, I think almost 100
01:18 percent Kenyan, but many of them also small businesses.
01:26 The government is therefore committed to meeting its obligation as and when they fall due as
01:32 a matter of policy and legal obligation.
01:37 Besides a culture of overdue pending bills, it serves no purpose other than to drive business
01:44 into ruin, force micro, small, and medium enterprises to shut down, and increase unemployment
01:51 leading to general underperformance in our economy.
01:56 It is the duty of government to facilitate better economic performance through expeditious
02:02 resolution of government expenditures, reduce pending bills, and restore confidence of suppliers
02:11 and other stakeholders.
02:14 This will generate hope to our great men and women who have ventured into the micro, small,
02:20 and medium enterprise space and desire to provide efficient, effective services and
02:28 goods to government.
02:31 The government promised creditors that we shall advise them on the mechanism for the
02:36 resolution of genuine outstanding payments.
02:41 We have therefore constituted this committee as promised, and this is a clear demonstration
02:46 that we are committed to settling verified pending bills owed by government within the
02:53 shortest time possible.
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