President William Ruto recently signed three key bills into law, including the Division of Revenue Amendment Bill, 2024.
This legislation is pivotal in shaping the fiscal relationship between Kenya’s national and county governments.
The bill allocates Ksh. 2.9 trillion in total revenue, of which Ksh. 400 billion is earmarked for counties.
This allocation marks an increase of Ksh. 14.6 billion compared to the previous fiscal year, underscoring the government’s focus on bolstering service delivery at the county level.
Additionally, Ksh. 7.8 billion is set aside for the Equalization Fund, which aims to improve essential services like water, electricity, and health in marginalized areas.
Alongside this, President Ruto also assented to the Supplementary Appropriation Bill, which authorizes Ksh. 102 billion for emergency expenditures.
The funds address pressing needs, such as disaster response to the ongoing El Niño rains and recent floods, with allocations for road repairs, humanitarian aid, and disaster management initiatives.
Other provisions include support for fertilizer subsidies and enhanced medical insurance for the National Police Service.
These measures aim to mitigate immediate challenges while strengthening national development priorities.
During the signing ceremony, Ruto emphasized the importance of these bills in advancing the government’s Bottom-Up Transformation Agenda.
By increasing funding to both levels of government, the administration seeks to ensure equitable service delivery and address disparities across the country.
The legislation also sets the stage for further parliamentary discussions on revenue allocation, which will guide resource sharing among Kenya’s 47 counties in the coming fiscal year.
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