It's a deal: Revenue team to present report today - News Summed Up

It's a deal: Revenue team to present report today


The much-awaited consensus to unlock the revenue sharing formula has been reached. This is after the Senate 12-member committee co-chaired by Moses Wetangu'la (Bungoma) and Johnson Sakaja (Nairobi) agreed to present a comprehensive report to the House leadership today. The committee has been meeting for eight days to strike a deal that would give the country a revenue sharing formula that takes into account the interests of all 47 counties. The Standard could not independently verify whether or not the National Treasury had okayed the Sh9 billion. This is in conformity with the Supreme Court ruling that services at the county level should not be halted when Senate is still adopting the necessary formula for revenue sharing.


Source: Standard Digital August 26, 2020 21:00 UTC



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