Suppliers and contractors in Nairobi County are set to receive an additional Sh1.26 billion for pending bill payments following the County Assembly’s approval of the supplementary budget for the 2024/25 Financial Year.

This allocation aims to reduce the county’s outstanding debts to its creditors.

The Finance, Budget and Appropriation committee highlighted the importance of this allocation.

“To reduce the county debt, an additional Sh1.26 billion be set aside for payment of other creditors by the debt management department within the finance sector,” reads the supplementary budget statement.

Despite this effort, the allocated amount represents just 1.03 per cent of Nairobi’s total pending bills, which stand at Sh121.06 billion, the highest among all counties.

According to the Controller of Budget’s report for the first quarter of the Financial Year 2024-2025, counties collectively owe Sh194.01 billion to suppliers and contractors.