Schools close early in the event of a liquidity crisis



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By COLLINS OMULO
"by FAITH NYAMAI
" by FAITH NYAMAI
"by this author

Public high schools are in a hurry to close as a result of the government's delay in unblocking funds.

Some have already sent their students home despite the official closure date being August 2nd.

The government had promised to release the rest of Sh3.3 billion for the second quarter before Friday.

Mohamed said the money had already been disbursed.

"The government sent 30 percent of the disbursement to the school accounts.The ministry has released 11 percent of the free daytime secondary education out of the 22,240 shillings owed to each student" The declaration was taken over by the director of education in charge of secondary schools, Mr. Paul Kibet.
However, the secretary general of the Teachers' Union of the United States. Kenya's primary school, Akello Misori, said Sunday that no school had received any money on Friday.

He added that workers and teachers employed by school boards do not have to pay for anything. had not been paid.

Kahi Indimuli, president of the Association of Kenya Secondary School Principals, said the delay in the release of funds was worrisome credited to the school accounts. I will get a full report read ndi, "said Indimuli Sunday.

He added that the schools most affected are those who "rely on the government for almost everything".

SECOND DAY
A director told Nation that his school did not have money.

"We have not closed but the creditors are on our doorsteps," said the director, adding that the situation is more dramatic for newly transferred heads of institutions.

Elementary schools received all their funding for the second quarter

Schools are expected to receive 50% of government funding in the first quarter, 30% in the second term, and the remainder in the third term. This month, PS education Belio Kipsang told school leaders that the remaining $ 6 billion would be released by the end of last week.

This is not the first time that schools are in financial crisis.
In May of last year, a union wrote to the ministry, saying that the delay in the release of money had bothered school programs

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