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Deputy President William Ruto (C), Treasury CS Ukur Yatani (R) and Laikipia Governor Ndiritu Muriithi (PHOTO: DPPS)
NAIROBI, KENYA: County Governments will be allocated an additional Sh53.5 billion in the 2021/2022 financial year, the Intergovernmental Budget and Economic Council chaired by Deputy President William Ruto has agreed today.
The new development means the devolved units will get an accumulated amount of Sh409.88 billion in the period under consideration.
The figure comprises an equitable share of Sh370 billion, conditional allocations from the share of National Government revenue of Sh7.53 billion, and conditional allocations from proceeds of loans and grants by development partners of Sh32.34 billion.
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