Relief as Treasury sends Sh24.6b to the Counties

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Treasury CS Ukur Yatani

The Treasury has wired Sh. 24.6 billion of equitable shareable revenue to the country’s 47 counties, with the additional promise of wiring more funds in the coming days.

Last week, Treasury CS Ukur Yatani raised an alarm, saying the government was broke and unable to fund operations of the counties. According to the Council of Governors (CoG), the Treasury owed the counties a total of 97B shillings in delayed disbursements, something that had slowed put the counties in a tight spot. ‘

”The National Treasury will prioritise disbursements to county governments because of their critical obligations of service delivery to the citizens,” CS Yatani said in a statement on Friday.

Before current disbursement, CS Ukur Yatani had disbursed a total of Sh133 billion out of the Sh340 billion counties received in this financial year as equitable share (Sh316.5 billion) and conditional grants (Sh23 billion).

In total, counties are supposed to receive Sh369 billion, but the difference — Sh30 billion — is conditional grants advanced by multi-lateral agencies.

“We note with utmost concern that county governments have not received disbursements for October, November, December 2020 and January 2021,” Mr. Oparanya said in his letter to Treasury early this month and which was copied to Controller of Budget (CoB) Margaret Nyakango, Senate Speaker Kenneth Lusaka and National Assembly Speaker Justin Muturi.

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