Revenue Sharing Formula Senate Kenya

We are anxious about the formula.

Revenue sharing formula senate kenya. Senate revenue mediation team promises white smoke by next week. The 12 member committee led by bungoma senator moses wetangula agreed to adopt the report ending months of confusion. We do not want five minutes or even three minutes. Why revenue sharing formula is a headache for uhuru in senate.

In a special gazette dated june 26 senate speaker kenneth lusaka said he has summoned the house on the request of leader. 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. The special senate committee appointed to resolve the long standing third basis revenue sharing formula stalemate has reached a consensus. The formula will use data from the 2019 population census and the 2015 16 kenya integrated household budget survey poverty index.

The formula that has been rejected by at least 25 lawmakers in the senate. Senate adjourns counties revenue formula debate for seventh time. 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. Senators have pleaded with speaker kenneth lusaka to give them ample time to debate the revenue sharing formula.

In president kenyatta s mt kenya backyard gain. The formula determines how the counties will share money allocated to them for five financial years until. The team seeks to broker deal on the contentious revenue sharing formula. The proposed method of sharing revenue among counties has sparked a major national storm.

Agreed on revenue formula 2 let s debate sharing of county. 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.