Treasury slaps governors with Sh46bn budget cut - News Summed Up

Treasury slaps governors with Sh46bn budget cut


The National Treasury has slapped county governments with a Sh46.35 billion budget cut in the wake of Covid-19, triggering a new war front with governors. In the new plan, Treasury plans to cut county equitable share of revenue raised nationally by Sh30 billion and reduce conditional grants by Sh16.35 billion. Nairobi, which had initially been allocated Sh15.79 billion, will lose Sh4.67 billion in equitable share. Other big losers will be Bungoma (Sh843 million), Kitui (Sh837 million), Nakuru (Sh993 million), Mombasa (Sh669) and Kisumu (Sh648 million). Machakos will lose (Sh735 million), Migori (Sh642 million), Uasin Gishu (Sh600 million) and Tana River Sh555 million.


Source: The Star April 27, 2020 20:03 UTC



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