Revenue Archive

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Division of Revenue Recommendation between National and County Governments for The FY 2022/23

The financial year 2022/23 recommendation on the basis for equitable sharing of revenue between the national and county governments is being prepared against a backdrop of slow economic growth. Gross Domestic Product (GDP) across the world declined in 2020 as a

CRA Makes Submission on Debt to Senate

The Commission made a presentation to the Senate on debt on Thursday 16th September in which it gave suggestions on how to mitigate the risk of debt distress. The Commission made the following observations and recommendations: 1. Kenya’s debt has increased

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