Bill unlocks Sh40 billion grant to counties - News Summed Up

Bill unlocks Sh40 billion grant to counties


County governments will soon get Sh40 billion in grants after a Bill that seeks to unlock the money stuck at Treasury for lack of enabling legislation is passed into law. The County Governments Grants Bill, 2021 provides a legal framework for the release of the conditional grants and donor funds to the devolved units by the National Treasury. The counties were on the verge of losing out on the cash after Parliament expunged the allocation from the Division of Revenue Bill reference to conditional grants. Where a county assembly fails to consider an agreement within seven days, the agreement shall be deemed to be approved. This grant comprises Sh332 million allocations for the construction of headquarters to five counties and Sh7.20 billion for the leasing of medical equipment.


Source: The Star July 06, 2021 15:33 UTC



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