Connect with us

Hi, what are you looking for?

top
Capital News
April 30, 2021 | President Uhuru Kenyatta assents to the Division of Revenue Bill, 2021/PSCU

County News

Uhuru signs Revenue Bill capping county allocations at Sh370bn

In the 2021/2022 budget of Sh1.7 trillion, the national government will receive Sh1.39 trillion while county equitable share has been capped at Sh370 billion.

NAIROBI, Kenya, May 1 – President Uhuru Kenyatta on Friday assented to the Division of Revenue Bill, 2021 paving the way for the enactment of the County Allocation of Revenue Bill, 2021 and the Appropriation Act, 2021/22.

Present at State House, Nairobi during the signing ceremony were Speaker of the National Assembly Justin Muturi, his Senate counterpart Ken Lusaka, Head of Public Service Dr Joseph Kinyua and Treasury CS Ukur Yatani.

In the 2021/2022 budget of Sh1.7 trillion, the national government will receive Sh1.39 trillion while county equitable share has been capped at Sh370 billion.

This is an improvement of over Sh50 billion from the Sh316 billion sent to counties in the 2020/2021 financial year.

Following the signing, Lusaka recalled Senators for sittings expected to last three days, where they shall deliberate and vote on the County Allocation of Revenue Bill, 2021 once the Bill is introduced in the House for consideration.

The Bill, splits among the 47 counties, the Sh370 billion allocated to them in the 2021/22 budget.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

More on Capital News

Corona Virus

Health Cabinet Secretary Mutahi Kagwe reported the country’s positivity rate at 12.4 per cent.

Capital Health

Vatican City, Holy See, May 8 – Pope Francis offered his support Saturday for waiving coronavirus vaccine patents to boost supply to poorer countries, in...

County News

In his message of comfort and encouragement, President Kenyatta described the late Ole Magelo as an outstanding leader who worked hard to make Kenya...

County News

School-going children and the aged were advised to be careful while crossing rivers and to avoid shielding under trees during rainy periods

Africa

Nairobi, Kenya, May 8 – The African Union on Saturday named former Ghanaian president John Mahama its High Representative to Somalia to try and resolve...

Fifth Estate

By Hu Zexi (People’s Daily Online)  In the U.S., racism has become a centuries-old disease with no cure or vaccine in sight. Even before the...

Africa

BEIJING, China, May 7 – Chinese President Xi Jinping said Friday that to strengthen solidarity and cooperation with African countries is always China’s resolute...

Africa

Tripoli, Libya, May 8 – Dozens of armed men staged a show of force late Friday at a hotel used as a headquarters by Libya’s...