Revenue Sharing Formula Kenya Senate

Of sh5 million to fuel the division of kenya due to the revenue.

Revenue sharing formula kenya senate. In president kenyatta s mt kenya backyard gain. The formula that has been rejected by at least 25 lawmakers in the senate. And receive the latest kenya. Why revenue sharing formula is a headache for uhuru in senate.

2 months ago. Senators have pleaded with speaker kenneth lusaka to give them ample time to debate the revenue sharing formula. The council of governors warns that it will shutdown county governments over the revenue sharing formula standoff in the senate. Senate special committee reaches consensus on third basis revenue sharing formula formula to be introduced on the floor this afternoon as a report for debate and approval.

The proposed method of sharing revenue among counties has sparked a major national storm. We do not want five minutes or even three minutes. The committee came up with a revenue allocation ratio pegged at sh316 5 billion and an eight weight parameter for sharing the sh370 billion the counties will receive in the next financial year. Senate adjourns counties revenue formula debate for seventh time.

Nairobi kenya jun 27 the senate will hold a special sitting on tuesday to approve a proposed formula developed by the commission on revenue allocation that would enable county governments to share equitably the sh316 5 billion allocated in the financial year 2020 21. Senate passed the county revenue sharing formula on thursday raila odinga former prime minister raila odinga has broken his silence after senate passed the counties revenue sharing formula that will be used for the next five years after adopting a proposal by the special senate committee formed to come up with an agreeable formula. The formula will use data from the 2019 population census and the 2015 16 kenya integrated household budget survey poverty index. The formula determines how the counties will share money allocated to them for five financial years until.

In a special gazette dated june 26 senate speaker kenneth lusaka said he has summoned the house on the request of leader. The team seeks to broker deal on the contentious revenue sharing formula.