Politics and policy

Treasury releases Sh10bn balance for CDF projects

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A Sh13 million CDF-funded Resource Complex under construction in Bondo constituency in this file photo. Treasury released Sh10.1 billion for the completion of pending Constituency Development Fund projects January 2, 2012

A Sh13 million CDF-funded Resource Complex under construction in Bondo constituency in this file photo. Treasury released Sh10.1 billion for the completion of pending Constituency Development Fund projects January 2, 2012  

By EDWIN MUTAI

Posted  Wednesday, January 2  2013 at  21:01

In Summary

  • The release of the money follows sustained pressure from MPs on the Treasury to release the balance of the Sh21.7 billion, being 0.5 per cent of the total revenue set aside for CDF.
  • The rush to complete the projects is informed by past experiences where new MPs abandoned programmes started by people they beat in elections, leading to wastage.
  • Finance minister Njeru Githae informed MPs that the money would be disbursed to the 210 constituencies from Thursday.

Temporary Deputy Speaker Gitobu Imanyara proposed an amendment to allow MPs to hold office the same way ministers do until the next Cabinet is constituted.

emutai@ke.nationmedia.com

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