Counties set to get funds as MPs approve revenue Bill


Business Daily | by Edwin Mutai

The National Assembly last evening approved the County Allocation of Revenue Bill, 2020, paving the way for release of funds to counties.

President Uhuru Kenyatta is expected to sign the Bill into law paving the way for counties to access money after a three-month delay.

The Bill allocates counties a total of Sh369.87 billion comprising of equitable sharable revenue of Sh316.5 billion, national government grants (Sh13.7 billion), road maintenance levy (Sh9.4 billion), loans and grants (Sh30.2 billion)…

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