Treasury to release Sh39bn to counties by Friday - CS Yatani - News Summed Up

Treasury to release Sh39bn to counties by Friday - CS Yatani


CS Ukur Yatani told Senators on Tuesday his ministry will endeavour to disburse the funds to clear April and part of March arrears. Yatani spoke a day after governors threatened to shutdown down the counties next Thursday if they did not receive the cash by Friday. The county bosses said Treasury has not released the cash for up to six months now to counties like Nairobi. CoG chairman Martin Wambora (Embu) said the Treasury is yet to release Sh102.6 billion to the 47 devolved units, with only two weeks left to the end of the financial year. As such, they have given an ultimatum to the Treasury to release the cash by Friday or they shut down the counties next week.


Source: The Star June 15, 2021 08:37 UTC



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