Governors urge Senate to fast-track Sh29b Equalisation Fund

Kakamega Governor Fernandes Barasa (centre), who is also the Council of Governors Finance Committee chairman, flanked by other county chiefs, address the media after they appeared before the Senate Standing Committee on Finance and Budget at the County Hall in Nairobi on June 6, 2023. [Elvis Ogina, Standard]

The Council of Governors (CoG) has asked the Senate to hasten the allocation of the Equalisation Fund, which currently owes counties Sh29 billion from the last 10 years.

CoG Finance Committee chairperson Fernandes Barasa pointed out that after 13 years, the fund has not achieved the goal it was created for in 2010. The total amount due to counties is Sh54.035 billion.