For the first time, counties in Kenya will receive over Ksh. 400 billion in equitable share of revenue for the 2024/2025 financial year. This milestone was announced by Ndindi Nyoro, the Chair of the National Assembly’s Budget and Appropriations Committee, following intense mediation with the Senate, led by Deputy Speaker Kathuri Murungi.
“The equitable share to counties has gone up to historic levels, and will be Ksh. 400.1 billion in the financial year 2024/2025,” said Nyoro, the Kiharu lawmaker.
The mediation talks were necessary after the National Assembly and the Senate failed to agree on the revenue share for the devolved units. Last month, the National Assembly approved Ksh. 391.1 billion as the equitable share to counties, a figure proposed by the National Treasury. However, the Senate insisted on Ksh. 415.9 billion as the appropriate amount.
Nyoro praised the Senators involved in the mediation for their firm stance on increasing the revenue allocated to counties. “Senators in the mediation were very firm and insisted that we must give counties more money…that is commendable,” he added.
The committee chaired by Nyoro is currently holding additional sessions with stakeholders such as the Public Service Commission to defend the revenue estimates.
