Speaker Teddy: Timely Disbursement of Funds to Counties is Key
Kilifi County Speaker Teddy Mwambire now says funds should be disbursed to Counties on time.
He says timely disbursements is the only remedy for effective service delivery in the devolved units
“With the current Public Finance Management Act, funds received at this time in the counties might not be utilized hence the national treasury will claim that counties were unable to utilize funds released to them. Timely disbursements is the only remedy for effective service delivery in the devolved units.” he said .
The National Treasury last week released Ksh.33 billion owed to counties to settle various pending bills.
Out of the said sum, Ksh.10 billion has been allotted to the National Government-Constituency Development Fund (NG-CDF).
National Treasury Principal Secretary Chris Kiptoo said the funds, from the equitable revenue share of April, will enable counties to deliver key services to their constituents
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