Politics and policy
Treasury releases Sh10bn balance for CDF projects
Posted Wednesday, January 2 2013 at 21:01
- 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.