The National Government is set to receive Sh2.5 trillion which shall be utilized to fund the recurrent and development expenditure.Counties will receive an additional Sh14.6 billion to county governments as they received an allocation of Sh385.4 billion in the last financial year.
The Bill provides for an allocation of Kshs.7.8 Billion to the Equalization Fund, equivalent to 0.5 percent of the last audited revenue.
Source: Law Daily Report (lawdailyreport.net)
News Politics Economy Trade Business Sports Current Events Travel Kenya East Africa Governance
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: BBCAfrica - 🏆 23. / 61 Read more »
Kenya: President Ruto Defends Luxury Jet for U.S. State VisitPresident William Ruto has defended his decision to use a luxury private jet for his 4-day State Visit to the United States of America, asserting that it was a cost-effective choice compared to Kenya Airways (KQ).
Source: allafrica - 🏆 1. / 99 Read more »
Kenya: President Ruto Secures $3.6 Billion for Nairobi-Mombasa Expressway ConstructionPresident William Ruto has secured $3.6 billion (Sh 477 billion) in funding from the United States to construct the 440-kilometer Nairobi-Mombasa Expressway, marking a major milestone for Kenya.
Source: allafrica - 🏆 1. / 99 Read more »
Source: BBCAfrica - 🏆 23. / 61 Read more »