Treasury lags in county disbursement by close to Sh100 billion - News Summed Up

Treasury lags in county disbursement by close to Sh100 billion


National Treasury disbursements of funds to the counties is lagging behind by Sh95.05 billion two months to the end of 2018/2019 financial year. According to the exchequer Kiambu, Nairobi City, Nakuru and Turkana received Sh8.70 billion, Sh10.74 billion, Sh7.85 billion and Sh7.42 billion respectively in exclusion of Appropriation in Aid during the period. The list of counties that received the lowest allocations in the 10 months include Lamu (Sh2.54 billion), Taita Taveta (Sh2.89 billion), Elgeyo Marakwet (Sh2.72 billion) and Kirinyaga County (Sh2.92 billion). The National Treasury may struggle to close the balance as the year ends considering that rtotal revenue collection is behind by almost Sh600 billion. The amount includes, total domestic tax collections, domestic borrowing, loans and international organizations grants.


Source: The Star May 20, 2019 01:52 UTC



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