Treasury sets tough terms for extra funds to counties

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG

The Treasury has proposed tough terms for releasing additional funding to counties or conditional allocations in a bid to curb wastage.

The draft regulations showed that the exchequer and the devolved units would be required to sign intergovernmental agreements for the transfer of the extra funds.

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