Revenue dry spell looms at Counties



People Daily | by John Otini


County governments face two months of delayed funding after the National Treasury confessed yesterday of a shortfall in revenues on Covid-19 pandemic shocks.

Treasury said in a statement disbursements of funds to counties is lagging behind by two months due to depressed tax revenues.

“However due to the adverse effects of Covid-19 and the subsequent containment measures that have slowed down economic activities, the disbursements to county governments are indeed falling behind by two months,” Treasury said…

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