Home Politics Ruto Establishes New Pattern With Timely Release of County Funds

Ruto Establishes New Pattern With Timely Release of County Funds

He stated that timely disbursement now ensures that Governors cannot blame service delivery failures on delays in receiving shareable revenue.

According to State House Spokesperson Hussein Mohamed, President William Ruto has set a new precedent by timely releasing funds owed to county governments.

He stated that timely disbursement now ensures that Governors cannot blame service delivery failures on delays in receiving shareable revenue.

“Setting a precedent, President Ruto released July 2023 shareable revenue for counties on Thursday, July 27, which is four days ahead of the end of the month,” Hussein said.

On Saturday, he described the National Treasury’s release of all funds owed to county governments by June 30 as unprecedented.

“That’s why it’s unprecedented!” After 9 years, the National Treasury finally followed the law by releasing all funds owed to county governments by June 30, as required by law,” he said.

Hussein, for example, stated last year that there was a carryover of approximately Sh29 billion owed to counties from the previous fiscal year.

“Counties were used to a two to three-month delay in the past,” Hussein explained.

Additionally, Hussein stated that the release of CDF to constituencies by June 30 this year is the first time in ten years.

He said cash transfers under the social protection program were also disbursed to the vulnerable before salaries for civil servants, as promised by the President.

“Yet this is the first financial year whose budget aligns with President Ruto’s administration’s Bottom Up Economic Transformation Agenda,” he said. 

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