Ruto signs County Allocation Bill 2024

President William Ruto has assented to the County Allocation of Revenue Bill, 2024. This divides the equitable share of revenue of Ksh 387.4 Billion among the 47 counties in accordance with the revenue-sharing formula in force under Article 217 of the Constitution. The figure represents 24.7 per cent of the most recently-audited accounts of revenue […] The post Ruto signs County Allocation Bill 2024 appeared first on KBC.

  News   Dec 6, 2024   0   16  Add to Reading List
Ruto signs County Allocation Bill 2024


Click the link to join the registration on WhatsApp: https://chat.whatsapp.com/KThkuZlWaTcCu3iJHGBmLM


Click the link to join the registration on WhatsApp: https://chat.whatsapp.com/KThkuZlWaTcCu3iJHGBmLM


Click the link to join the registration on WhatsApp: https://chat.whatsapp.com/KThkuZlWaTcCu3iJHGBmLM

President William Ruto has assented to the County Allocation of Revenue Bill, 2024.

This divides the equitable share of revenue of Ksh 387.4 Billion among the 47 counties in accordance with the revenue-sharing formula in force under Article 217 of the Constitution.

The figure represents 24.7 per cent of the most recently-audited accounts of revenue received as approved by the National Assembly.

It exceeds the 15 per cent minimum threshold required by the Constitution.

President Ruto said the move will ensure that the devolved units deliver on their mandate to the people effectively.

The post Ruto signs County Allocation Bill 2024 appeared first on KBC.

Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow