[Source: Business Daily, by John Mutua]
Revenue shortfall due to the coronavirus pandemic has denied counties Sh3.5 billion in equitable share in the year ended June, highlighting the adverse effects of the disease on the devolved units’ funding.
Treasury Secretary Ukur Yatani said that the mix of tax measures to cushion Kenyans from the effects of the disease and restrictions to curb its spread hurt collections in the last quarter of the 2019/20 period leading to the cash crunch.
