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Spend on projects hits record high in February - 3 weeks ago, 22:41

Constant Munda

Spend on development projects hit the highest monthly levels in February, weeks after President Uhuru Kenyatta picked a team to monitor infrastructure expenditure.

The Treasury signed off nearly Sh51.99 billion towards projects being implemented by State ministries, departments and agencies (MDAs) in February, signalling increased disbursement following a slow start to the year.

This is Sh33.04 billion, or 174.35 percent more than the Sh18.95 billion average monthly disbursement in the seven months to January.

The National Development Implementation and Communication Cabinet Committee has been tasked to guide Mr Kenyatta on addressing emerging challenges and evaluating follow-up for resources to ensure proper use of funds and meeting of targets.

The team is led by Interior Cabinet Secretary Fred Matiang’i and deputised by his Treasury counterpart Henry Rotich.

Statistics released last Friday by Mr Rotich show Sh51.99 billion was channelled to capital projects, more than triple Sh15.71 billion spent in January, Sh28.58 billion (December) and November's Sh16.49 ...
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