It's fireworks as senators debate revenue sharing formula - News Summed Up

It's fireworks as senators debate revenue sharing formula


Fierce exchanges are expected in the Senate on Thursday morning after members failed to agree on the third basis for sharing revenue among the 47 counties. Sources revealed to the Star that those whose counties gaining under the formula proposed by the Finance and Budget Committee want the method approved as it is. Under the proposed formula, Garissa, Wajir, Marsabit, Isiolo, Samburu, Turkana, Tana River, West Pokot, Lamu and Mandera will collectively lose Sh17 billion. The disputed third basis for sharing revenue among the 47 counties will come up for debate after three failed attempts. Some 10 county chiefs from the areas have also petitioned the national government to shelve, for one year, the implementation of a new revenue sharing formula.


Source: The Star July 23, 2020 02:15 UTC



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