GOVERNORS TO CONTROL Sh226 BILLION Governors will control Sh226 billion in the next financial year if Parliament approves proposals to increase by Sh36 billion the counties’ share of national revenue. The proposals are contained in the Division of Revenue Bill tabled in the National Assembly Thursday that slightly reduces the National Government’s share, perhaps as a strategy to appease county chiefs who have accused the Jubilee Government of fighting devolution. President Uhuru Kenyatta’s Cabinet has snubbed a devolution conference that closes in Kwale County Friday after the Head of State criticised it as a waste of resources. The proposed allocation to counties in the 2014/2015 financial year reflects a Sh36 billion increase from the Sh190 billion that was shared between the two levels of Government in the financial year ending on June 30. But while allocation to counties has increased, that of the national government, which last year stood at Sh808.4 billion, is reduced to Sh799.65 billion out of the estimated Sh1.02 trillion sharable revenue expected to be raised in the next financial year. Adopted from #SDM
Posted on: Fri, 04 Apr 2014 06:16:42 +0000
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