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Governors reject Treasury's new revenue sharing plan for regions

Living
 Council of governors led by chairperson Anne Waiguru during a press briefing on December 5, 2022. [Wilberforce Okwiri, Standard]

Governors have opposed the National Treasury's proposed shareable revenue disbursement formula where counties will receive allocations according to their rates of absorption.

The Council of Governors (COG) has termed the proposal illegal and unacceptable.

CoG, through its Finance, Planning, and Economic Affairs committee chairman Fernandes Barasa, maintained that shareable revenue should be disbursed to counties on a monthly basis as required by the law.

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