Counties miss targets as cash crunch hits National Treasury

Cabinet Secretary for the National Treasury and Planning Henry Rotich at treasury with the budget briefcase at the treasury building on June 14, 2018. [David Gichuru, Standard]

County governments are staring at a looming cash crunch as the National Treasury is yet to disburse more than a third in equitable share meant for the devolved units.

The latest Treasury expenditure report indicates counties had received just Sh205 billion as at March 29 from the Sh338 billion set aside for the 2018/2019 financial year.