Business Daily | by John Mutua
Some Sh34.6 billion meant for counties is lying idle at the Central Bank of Kenya(CBK) even as the devolved units continue to decry a cash crunch that has disrupted service delivery.
Treasury Secretary Ukur Yatani said the money is part of the Sh133 billion equitable share and conditional grants released to the counties for the financial year to June.
The funds disbursed through accounts at the CBK comprise Sh120.2 billion as equitable share and Sh13 billion as conditional grants that…
