The money will be released to the individual County Revenue Funds (CFR) accounts held at the Central Bank of Kenya. It will be released to the individual County Revenue Funds accounts by the Central Bank of Kenya. The approval came just hours after President Uhuru Kenyatta signed into law the County Allocation of Revenue Bill, 2020, paving the way for the disbursement. However, individual counties will make a requisition to the Controller of Budget to access the funds. Treasury CS Ukur Yatani has already announced that Sh60 billion was ready for disbursement to the cash strapped once all the enabling legislation were approved.

Source: The Star October 09, 2020 08:26 UTC