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Page 10 - Secretary Ukur Yatani News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Laikipia gets nod to raise Sh1 4b from county bond

Treasury commits to support Sh1 4b Laikipia County bond

Sh3 7bn taxpayer bill for Malaba rail link

Sh3.7bn taxpayer bill for Malaba rail link Friday February 12 2021 Works during construction of phase 2 of the Standard gauge Railway in June 2018. PHOTO | FRANCIS NDERITU | NMG By JOHN MUTUA Summary Taxpayers will foot a Sh3.7 billion bill for the construction of a line connecting the standard gauge railway (SGR) to the old track from Naivasha to the border town of Malaba. A supplementary budget tabled in Parliament shows that Sh2.7 billion will be spent on the construction between Naivasha Internal container Depot (ICD) and the Longonot railway link. A further Sh1 billion will fund the rehabilitation works of the century-old Longonot- Malaba metre gauge railway as Kenya seeks to create a seamless connection from the Port of Mombasa to Uganda.

SMEs pain as State firms defy pending bills order

Kenya s National Treasury CS Yatani contradicts governors on arrears

THE STANDARD MONEY & CAREERS National Treasury CS Ukur Yatani (PHOTO: File) NAIROBI, KENYA: National Treasury on Thursday said it has not disbursed funds to the counties for two months contradicting the Council of Governors. Governors through Kakamega County boss Wycliffe Oparanya said the arrears spread out to four months of October, November, and December of last year and January this year. In a statement, Treasury called on the county governments to utilise Sh34.6billion balance lying at the Central Bank of Kenya as it works on a plan to clear the two months arrears. Cabinet Secretary Ukur Yatani of the National Treasury and Planning confirmed that it has so far transferred Sh133 billion to county governments for the Financial Year 2020/21. Of the transfers, Sh120.2 billion has been disbursed as part of the equitable share and Sh13 billion as conditional grants.

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