Kenya misses IMF's timeline on clearance of pending bills
Companies Mentioned : International Monetary Fund (IMF) , Ministry of Finance & National Treasury , William Ruto , Office of the President , Kenya Revenue Authority (KRA)
Summary Kenya has missed key deadlines set by the International Monetary Fund (IMF) aimed at strengthening austerity measures. An analysis by the Star shows that Kenya missed the September 30 deadline to present a strategy on how to tackle its close to Sh728 billion in pending bills that have seen some businesses close shop.