CRA faults Treasury on slashed county budgets

CRA chairperson Jane Kiringai. FILE PHOTO | NMG

The Commission on Revenue Allocation (CRA) has faulted the National Treasury for slashing allocations to counties despite registered growth in the economy.

The Treasury has allocated counties an equitable share of revenue of Sh310 billion in 2019/20 financial year, which is equivalent to 2.7 percent of GDP. This is compared to Sh314 billion or three percent of GDP in the current year and 4.6 allocated in the 2014/15 financial year.

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Note: The results are not exact but very close to the actual.