Treasury should think outside the box to increase liquidity - News Summed Up

Treasury should think outside the box to increase liquidity


It’s just that I think the current leadership of The National Treasury doesn’t have fire in its belly. AdvertisementTake, for example, the issue of accumulation of pending bills and the impact of delays of contractor payments on liquidity in the marketplace. What is lacking at the National Treasury is capacity to experiment and innovate around the pending bills conundrum. Today, the Interior Cabinet Secretary, Dr Fred Matiang’i, chairs the project implementation committee of the Cabinet while his principal secretary, Dr Karanja Kibicho, chairs the technical committee. TAX EXEMPTIONSThe pending bills problem could emanate from the sharp decline in liquidity-injecting projects in the economy.


Source: Daily Nation January 01, 2020 01:52 UTC



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