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PREMIUM Audits flag Sh8bn fees for unused loans in five years Treasury is expected to promote transparency and accountability of public finances. Business Just now Listen

PREMIUM Audits flag Sh8bn fees for unused loans in five years Treasury is expected to promote transparency and accountability of public finances. Business Just now Listen

By GhanaSummary NewsroomKenya

In a report, the National Assembly Committee on Public Debt and Privatisation warned that the continued accumulation of commitment fees on undrawn loans indicates low project readiness, slow disbursements and inefficiencies in loan execution.

She added that in the first six months of the 2025/26 financial year, the National Treasury undertook a liability management operation targeting the $1 billion issued in 2018, due 2028.7 billion in commitment charges for loans tapped but not used over five years.

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