The National Treasury has disbursed Ksh 24.6 billion to county governments as part of the equitable share. The funds will help cash strapped counties to pay suppliers, and salaries among other expenditures deferred because of delays by the treasury.
The disbursement comes just after the confirmation of debt payment holidays by both the Paris Club Members and China, freeing close to Ksh 60 billion between January and June 2021 for counties among other expenditures.
Counties now hold balances of Ksh 61.4 billion at the Central bank of Kenya.
“The total balances for the various county governments now held at CBK amount to Sh61.4 billion, and in this respect we once again appeal to them to make full and timely use of these funds, as additional disbursements from the exchequer are made in due course,” says Ukur Yattani in a press release.
Yattani urges counties to prioritise pending bills to enable the institutions to discharge their duties effectively.
“Meanwhile, noting the general improvement of the economy and in particular positive revenue performance since December 2020, the National Treasury and Planning will prioritise disbursements to county governments, noting their critical obligations of service delivery to the Kenya citizens.”
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