| Published Mon, October 8th 2018 at 00:00, Updated October 7th 2018 at 20:25 GMT +3National Treasury plans to reduce the 2019-2020 counties budget by 0.4 per cent. Counties are staring at harder times as the National Treasury plans to reduce the 2019-2020 budget by 0.4 per cent. Text the word 'NEWS' to 22840The 47 counties received Sh376 billion in the 2018-2019 financial year, with equitable share from the State being Sh314 billion. The Constitution provides a 15 per cent minimum equitable share of revenue for counties from the national government. This means counties in the 2019-2020 financial year will receive less than Sh314 billion of equitable share from the State.

Source: Standard Digital October 07, 2018 21:00 UTC