Counties go two months with no new exchequer funds

The National Treasury in Nairobi County on June 11, 2024. 

Photo credit: File| Nation Media Group

County governments have endured the first two months of the 2024/25 financial year without fresh exchequer funding, as Parliament drags the legislation of a framework to anchor fresh disbursements to the devolved units.

Counties are yet to receive new releases from the National Treasury save for Sh30.8 billion in carry-over arrears from the 2023/24 fiscal year according to data from the statement of actual revenues and net exchequer issues as of August 30, which was published on Friday.

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