Senate Special Committee reach a consensus on revenue sharing

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The 12-member Senate Committee that was tasked with developing a win-win formula after President Uhuru Kenyatta pledged an additional Sh50 billion allocation to counties has reached a consensus.

The team co-chaired by senators Johnson Sakaja (Nairobi) and Moses Wetangula (Bungoma) announced that it has come up with a comprised formula.

” We have agreed on a formula that will benefit all Kenyans,” Sakaja told the Star.null

The comprised formula will be introduced on the floor this afternoon in form of a report for debate and approval.

However, the lawmakers will break for at least 30 minutes to be taken through the formula before they debate and take a vote.

The proposed formula takes into account eight parameters; Basic share (20 per cent), Population (18 per cent), Health (17 per cent), Poverty Level (14 per cent), Agriculture (10 per cent), Roads (eight per cent), Land (eight per cent) and Urban (five per cent).

In the new formula, Nairobi gains the highest amount with Sh3.3 billion to push it’s total allocation to Sh19 billion.

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Lamu ‘s total allocation will shoot to Sh3.1 billion with Tharaka Nithi getting the least addition of Sh289 million.

No county loses revenue in the proposed formula.

More to follow…

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