Government to raise Ksh.166B to complete stalled roads; Treasury CS Mbadi
Treasury Cabinet Secretary John Mbadi has promised to help President William Ruto raise funds to restart stalled road projects across the country.
Speaking during a meeting on Monday, September 30, the CS acknowledged that most road projects had stalled owing to lack of funds.
He added that the government was also yet to pay contractors close to Ksh161 billion for various infrastructure projects being undertaken across the country.
As a consequence, Mbadi revealed that contractors had left the construction sites awaiting the payments.
Therefore, he assured that he was working on ways of raising funding for the projects indicating that the resumption of construction would be witnessed across the country.
“Contracts are awarded but there is no funding. As the CS for National Treasury my job is to help the President get money to do development and complete projects which have stalled,” he promised.
“When you move across the country, all road projects have stalled. I am going to ensure that I help the President to get resources to restart all the roads across the country.”
Kenyans trapped in Lebanon cry for help as Israel escalates attacks in Beirut
High Court issues ruling on DP Gachagua impeachment
NCIC summons two lawmakers over allegations of inciting violence
I’ll vote for Ruto in 2027, he is a good person!’ CS Mbadi
DP Gachagua responds to reports on demanding Ksh8B to resign
PAG General Presiding Superintendent, Bishop abducted
Notably, the CS did not detail his plan for raising the resources and the timelines of his plan.
In recent months, Kenyans have lamented over the number of projects that have stalled.
In response, Ruto and government officials have explained that the stalling of projects were occasioned by pending bills and lack of resources.
During the Finance Bill 2024 debate, the Head of State had explained that the proposed tax measures were aimed at raising funding for development projects.
After the bill was withdrawn after the protests, Ruto stated that Kenya would have to cut the budget and look for other means to raise resources.
Also read,
Waititu arrested after an ambush
Ruto should make a decision and call off Gachagua impeachment; Former minister
‘You can only remove my husband through prayers’ Dorcas Gachagua
Gachagua criticises Ruto inconsistency and recent meeting with Ford Foundation
EPRA shuts down 13 petrol stations for selling adulterated fuel (LIST)
Mombasa Lands CEC Mohammed Hussein arrested over gang rape of blogger
Follow us