CMED bemoans delayed payments

If lawmakers are being asked to support reforms of this magnitude, several questions should be answered before a single amendment is approved.

Advertisements THE Central Mechanical and Equipment Department (CMED) says profit margins for its construction unit were adversely affected by the government’s delay in payments to contractors during the financial year ended December 31, 2023.Government slowed down the disbursement of payments to several construction projects in an attempt to manage the local currency supply into the…

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