County governments are yet to receive nearly half of their equitable revenue share from the Treasury four months before to the close of the financial year, worsening a cash crunch at the devolved units.
Data published by the Treasury on Friday shows the exchequer had released Sh206.06 billion in equitable share of revenue to the 47 counties by February 29, 2024. This is 53.4 percent of the Sh385.424 billion that the devolved units were allocated for 2023/24.
