Funding for the office of the Controller of Budget (COB) has suffered a Sh70 million cut in revised estimates contained in the third supplementary budget for the financial year ending June 30. This translates to a 9.97 percent reduction to Sh632.3 million, down from the Sh702.3 million approved earlier.
The drop comes at a time when COB Margaret Nyakang’o has decried underfunding to her office, which she said has been impairing operations such as monitoring and evaluation, report writing, training and budget implementation forums as well as local travel, among others.
