Home National Treasury releases Sh25b to cash-starved counties

Treasury releases Sh25b to cash-starved counties

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People Daily | by Hillary Mageka and John Otini


National Treasury has released Sh24.6 billion to cash-strapped county governments as part of their equitable share and warned governors on failure to collect idle funds at the Central Bank of Kenya (CBK).

The latest tranche puts total disbursements to counties at Sh157 billion out of the expected Sh370 billion for the full financial year 2020/21.

“National Treasury wishes to confirm that it has released Sh24.6 billion to county governments as part of their equitable share…

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