Governors urge Senate to fast-track Sh29b Equalisation Fund

CoG Finance Committee chairperson Fernandes Barasa speaks after a meeting with the Senate Standing Committee on Finance and Budget. [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.