Yatani on the spot over Sh8.1bn for unfinished projects - News Summed Up

Yatani on the spot over Sh8.1bn for unfinished projects


The revelation casts the spotlight on the Jubilee administration’s strategy of spending billions of shillings on expensive infrastructure projects while unable to stick to its own policy of completing old projects before starting new ones. The report also reveals that projects that had been completed by February this year are still on the list waiting additional payments. Most of these projects were completed between 2010 and 2012 and their budgets had already been approved. In the most recent supplementary budget, Treasury slashed the budgets of the Health and Water ministries by Sh19.5 billion. REALISTIC PROJECTIONSA completion certificate is the last document needed before a contractor is paid its last dues for an infrastructure project.


Source: Daily Nation May 15, 2020 07:52 UTC



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