Counties bag Ksh.400 billion in highest ever revenue allocation
Counties will for the first time receive over
Ksh.400 billion in equitable share of revenue in the 2024/2025 financial year.
The National Assembly’s Budget and
Appropriations Committee Chair Ndindi Nyoro said the amount was arrived at
after an intense mediation with the Senate led by Deputy Speaker Kathuri
Murungi.
"The equitable share to counties has
gone up to historic levels, and will be Ksh.400.1 billion in the financial year
2024/2025," said the Kiharu lawmaker.
The mediation talks between Senate and the
National Assembly were initiated after the two Houses failed to agree on the
revenue that will be shared to the devolved units.
The National Assembly last month approved Ksh.391.1
billion as equitable share to counties as had been proposed by the National
Treasury.
The Senate on the other hand drilled its feet
on Ksh.415.9 billion as revenue to counties.
"Senators in the mediation were very
firm and insisted that we must give counties more money...that is commendable,"
added Nyoro.
The Nyoro-led committee is holding more
sessions with other stakeholders such as the Parliamentary Service Commission to
defend the estimates.
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