Treasury takes aim at biased debt payments
Nairobi, June 14 -- The State is betting on its Treasury Single Account (TSA) system to end the discriminatory payment of pending bills that have for years plagued contractors owed billions of shillings by counties.
TSA is a unified structure of government bank accounts that enables the consolidation and optimum utilisation of government cash resources.
National Treasury Cabinet Secretary John Mbadi said on Thursday that the platform directly links invoices to budgets, helping seal a loophole that rogue officials at counties have used to cherry-pick which contractor to pay, including fictitious bills.
"The implemented TSA directly links invoices to specific budgets submitted by ministries and departments amongst other enhanced features...
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