Treasury sitting on counties' billions
SEE ALSO :Drop in banks’ profit denies State Sh69b“We are concerned that the disbursement to the counties is far behind the schedule passed by the Senate,” committee chairperson Mohamed Maalim Mahamud said Tuesday. Mr Mahamud said his committee had directed Treasury to shed light on why there was a variance in allocations to the counties. For example, there are some counties that had only received about one third of their allocations, while others had been given two thirds of their portion. Baringo County is among the counties that had received the least amounts by the end of last month, while Nairobi and Trans Nzoia had received 57 and 59 per cent of their share respectively. The committee was supposed to meet Treasury CS Henry Rotich Tuesday, but he had other engagements with officials of the International Monetary Fund.