Counties hit as Treasury delays cash disbursements

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

Photo credit: File| Nation Media Group

A crisis is looming across county governments after the Treasury failed to release their equitable share of revenues since July, leaving some of them unable to pay workers and suppliers.

Treasury was supposed to release Sh100 billion in equitable share to the 47 counties to cover for the first quarter of the current fiscal year (July, August, and September) but has not released the money, a situation blamed on the lack of a legal framework for disbursement.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.