President Ruto signs County Allocation of Revenue and Equalisation Bills
President Ruto signs the County Allocation of Revenue and Equalisation Bills as members of his administration look on. PHOTO/COURTESY: PCS
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The two Bills will enable the 47 devolved units to access funds in the new financial year that begins tomorrow.
The County Allocation Revenue Act allocates counties Ksh.385.4 billion shareable revenue.
Nairobi County Government will get the highest allocation of Ksh.20.07 billion.
The Equalisation Fund Act appropriates Ksh.10.3 Billion for basic services — such as water, roads, electricity and health — to marginalised areas in the country.
Present at the Friday function that was held at State House, Nairobi, were Deputy President Rigathi Gachagua, Prime Cabinet Secretary Musalia Mudavadi, Speaker of the Senate Amason Kingi, Attorney General Justin Muturi and Senate Majority Leader Aaron Cheruiyot, among others.
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