Uhuru approves Division of Revenue Bill, asks counties to clear pending bills


President Uhuru Kenyatta signs the Finance Bill 2018 at State House, Nairobi. Photo/PSCU
President Uhuru Kenyatta signs the Finance Bill 2018 at State House, Nairobi. Photo/PSCU

President Uhuru Kenyatta on Tuesday signed into law the Division of Revenue Bill 2019 paving the way for the release of funds to counties.

The new law allocates Ksh.378.1 billion to county governments for the 2019/20 financial year. Out of the total allocation, Ksh.316.5 billion is the equitable share of national revenue while Ksh.61.6 billion are conditional allocations to the devolved units.

The total allocation of Ksh.378.1 billion to county governments represents 36. 46 percent of the audited and approved revenue of the National Government for the financial year 2018/19 against the constitutional threshold of 15 percent.

The National Treasury has already disbursed over Ksh.50 billion to counties for the months of July and August.

With the new law in place, the President reiterated the government’s commitment to scheduled disbursement of funds to counties to enable them to continue delivering services to Kenyans.

He urged county governments to finalize their budget processes which should prioritize settlement of pending payments to suppliers such as the Kenya Medical Supplies Agency (KEMSA) for medical supplies to facilitate the delivery of the ongoing Universal Health Coverage (UHC) program.

President Kenyatta further urged county governments to come up with better systems of collecting and managing their own revenue.

Present during the signing of the Bill were Acting Treasury CS Ukur Yattani, Devolution CS Eugene Wamalwa, Speaker of the National Assembly Justin Muturi, Attorney General Paul Kihara Kariuki and Treasury PS Dr Julius Muia among others.

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