Treasury CS Njuguna Ndung’u has said his ministry is working around the clock to ensure the National Government Constituency Development Fund (NG-CDF) is released to constituencies before Christmas.
Speaking on Wednesday December 6 while appearing before the Finance Parliamentary Committee, CS Ndung’u revealed that the government is also facing challenges with payment of salaries.
“We are working very hard that even before Christmas we make sure that make some few steps. By the way we are even having trouble with salaries, we are clearing salaries with arrears. the team in the treasury are working very hard,” said Ndung’u.
The Treasury CS explained that the country is facing a liquidity crisis as a results of the drought and El Nino challenges that forced the government to allocate a supplementary budget to save lives.
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“We are facing a serious liquidity crisis and that is why we can’t come in as fast as we would like to but it is not an insolvency problem. Sometimes people are rushing to say we want money today… but you end up taking measures to solve the problem but those measures are not well coordinated and they can ignite solvency challenges we want to avoid that,” Njuguna added.
His statement comes after Members of Parliament stormed out of the National Assembly on Tuesday protesting the delays in disbursement of the CDF.
The MPs who are set to go into recess from Thursday this week heckled National Assembly Majority leader Kimani Ichung’wah who urged them to remain calm and wait for the treasury to resolve the matter.
