While addressing Members of the National Assembly, Mbadi cited January to March as the most challenging fiscal months, with the Treasury having to settle loan obligations and salaries totaling over Ksh 150 billion.
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Treasury and Economic Planning CS HJohn Mbadi pronounced himself that treasury was set to release capitation on time, but up to now, most schools and institutions of Higher learning are yet to receive the disbursement.
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This announcement was made during a joint press conference at Stima Plaza in Nairobi, where KenGen Chairman Alfred Agoi and Managing Director and CEO Eng. Peter Njenga delivered a dummy cheque to the National Treasury and Economic Planning CS John
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Vice Chair Senator George Mbugua expressed dismay at the Cabinet Secretary’s remarks, calling Mbadi’s absence and lettered recommendation a disservice to the aging petitioners.
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