Good News as Counties To Get More Money In Revenue Share
The County Equitable Share has increased by Sh15.4 Billion.
This means that Counties will receive Sh385.4 Billion in the 2023/2024 financial year as compared to the current’s Sh370 Billion.
The new figure is equivalent to 23 per cent of the accounts of revenue for 2019/2020 — the most recent audited approved by the National Assembly.
The move follows assenting to the Division of Revenue Bill (National Assembly Bill No. 9 of 2023) by President William Ruto.