MPs back 10-year extension of Equalisation Fund in Bill

The chairperson National Assembly departmental committee on Finance and National planning Kuria Kimani.

Photo credit: File | Nation Media Group

A key committee of the National Assembly has backed a Bill that seeks to extend the life of the Equalisation Fund — which targets the marginalised areas — by another 10 years.

The Finance and National Planning Committee approved the Equalisation Fund Bill, 2023 that originated from the Senate. The Bill seeks to suspend the application of Article 204 (7) of the Constitution.

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