The National Treasury failed to send more than Sh30 billion to counties during the fiscal year ending June 2024, underscoring the fiscal challenges it continued to face in a year that was marked by delays in releasing the equitable share of revenues.
By the end of the 2023–24 fiscal year on June 30, the Treasury had released Sh354.59 billion out of the budgeted Sh385.42 billion for the equitable share of revenue to counties, the latest data show.
