Fading hopes? 12-member senate committee yet to strike a deal on revenue formula - News Summed Up

Fading hopes? 12-member senate committee yet to strike a deal on revenue formula


Senators are yet to agree to on the best formula to share revenue among counties one week after a 12-member committee was formed to try and resolve the standoff. “They have not responded to us but I can tell, it is only the Treasury, through additional allocation, that will resolve this stalemate. But the committee’s pursuit for additional resources appears bleak after President Uhuru Kenyatta last week appeared to throw cold water on additional allocation. This formula was crafted by the Commission of Revenue Allocation and went to the Senate, indicating that the revenue should be shared justifiably such that everyone gets their fair share. The senate has failed to agree on the best formula in nine sittings with the sessions often characterized by high emotions and name calling.


Source: The Star August 24, 2020 18:32 UTC



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