Cabinet approves a framework for infrastructure projects pricing to curb inflated costs

The Cabinet has approved a Comprehensive Framework for Infrastructure Projects Pricing to curb inflated project costs, and improve value for money in public investments. The framework, which will be overseen by the Chief of Staff and Head of Public Service Felix Koske,i will establish a data-driven system for determining infrastructure costs and eliminate costly practices that have previously characterized government projects. Similarly, the Cabinet endorsed the waiver of interest and penalties on outstanding land settlement loans. Connect with KBC Online; Subscribe to our channel: https://t.ly/86BKN Follow us on Twitter: https://twitter.com/KBCChannel1 Find us on Facebook: https://www.facebook.com/kbcchannel1tv Check our website: https://www.kbc.co.ke/ #KBCchannel1 #Kenya #News