Treasury wrong on report of counties failing to use allocated cash, governors say - News Summed Up

Treasury wrong on report of counties failing to use allocated cash, governors say


Governors on Tuesday dismissed claims by the National Treasury that counties have failed to utilise funds allocated them. Wycliffe Oparanya, Council of Governors finance committee chairman, said the National Treasury was reluctant to address challenges of the IFMIS system. "This is the real problem that needs to be addressed in order to streamline the flow of funds to county governments," Oparanya said. He said it was ironic that the statement showing CBK cash balances for all the 47 counties as at January 18 this year came immediately after the national Treasury disbursed the November 2016 funds to counties. He said counties have in the past engaged the National Treasury on serious constraints they face arising out of the malfunctioning of the IFMS system.


Source: The Star January 24, 2017 19:37 UTC



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