×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Counties dealt blow on demand for Sh439 billion equitable share

Vocalize Pre-Player Loader

Audio By Vocalize

Chairperson of the Budget and Appropriations Committee Ndindi Nyoro. [Boniface Okendo, Standard]

County government's quest for Sh439.5 billion in sharable revenue for the 2024/2025 financial year has been dealt a blow after they were allocated Sh391.1 billion.

The Division of Revenue Bill, 2024, which is currently before Parliament, has proposed a total sharable revenue of Sh2.948 trillion, out of which the national government will receive Sh2.549 trillion while the 47 counties will receive Sh391 billion as the county equitable share.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
New 2030 plan targets billions in financing for farmers and MSMEs
Business
Maina named Vision 2030 acting director
By Brian Ngugi 10 hrs ago
Business
Kenyan firms eye Caribbean footprint as Afreximbank seals St Kitts trade forum deal
Business
Experts say Ruto is driving economy to the ground over rising fuel prices