BENCHMARKING Bomet County Assembly approves 150M overdraft to pay - TopicsExpress

BENCHMARKING Bomet County Assembly approves 150M overdraft to pay December salary. Bomet is among the three counties that are ranked high in funds absorption. These are Nairobi, Bomet and Machakos. Their funds gets n gets in and get out the same day. How does a county fail to budget for salary. Imagine the CEO of KCB receiving expenditure report of the month where salary is an item n based on cashflow funding is indicated to come from overdraft.

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