President Uhuru Kenyatta has signed into law the 2020/2021 County Revenue Allocation Bill paving the way for the disbursement of exchequer funds to the counties.
The new law allocates a sum of Kshs 369.87 billion in the current fiscal year to Counties and includes Kshs 316.5 billion of Equitable Share and Ksh. 13.73 billion in Government of Kenya Conditional Grants.
Also included is Ksh. 9.43 billion from the Road Maintenance/Fuel Levy as well as Kshs 30.2 billion in Loans and Grants.
The conditional allocation will be utilised in provision of services such as leasing of medical equipment and rehabilitation of youth polytechnics across all the 47 Counties.
The Bill was presented to the Head of State for signature by Ken Lusaka (Senate Speaker) at a ceremony attended by Justin Muturi (National Assembly Speaker) and Ukur Yatani (Treasury CS).
Also present were Leaders of Majority in the Senate and the National Assembly Samuel Poghisio and Amos Kimunya, Dr Joseph Kinyua (Head of Public Service), Clerks of both Houses Jeremiah Nyegenye (Senate) and Michael Sialai (National Assembly), Ken Ogeto (Solicitor General) and Njee Muturi (State House Deputy Chief of Staff).
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