IBEC Approves Ksh. 370 Billion for Counties

The Commission participated in the Intergovernmental Budget and Economic Council (IBEC) meeting where an equitable share allocation of Sh370 billion to devolved units was agreed. Counties will now receive a total of Sh409.88 billion in the next financial year.

The figure comprises of an equitable share of Sh370 billion, conditional allocations of Sh7.53 billion and proceeds of loans and grants from development partners of Sh32.34 billion. 

The Commission had recommended in its vertical recommendation that the national government be allocated Kshs. 1,443.7 billion and county governments Kshs. 370 billion.

Read the full CRA recommendation here: https://cra.go.ke/2021/01/20/cra-submits-recommendation-for-sharing-of-revenue-between-national-and-county-governments-for-fy2021-2022/