Treasury caps county cash at Sh316.5 billion

Treasury Secretary Ukur Yatani. FILE PHOTO | NMG

The Treasury has ignored the recommendations of the Commission on Revenue Allocation (CRA) to cap equitable share for counties at Sh316.5 billion “to compel the devolved units to seal revenue leakages”.

In the Budget and Policy Statement Policy for the 2020/21, the Treasury says the equitable share remains unchanged for the year starting July 1 “because it’s time the counties bore the brunt of missed revenues targets.”

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