Treasury to release Ksh 39B for counties by Friday

The National Treasury has pledged to release Sh39 billion to the county governments by Friday.

This is an attempt to avert looming shut down of the devolved units.

CS Ukur Yatani told Senators on Tuesday his ministry will endeveour to disburse the funds to clear April and part of March areas.

“We will endeveour to send Sh38 billion to Sh39 billion by the end of Friday,” he told a senate Finance and Budget Committee.

Also Read: Residents call for decongestion of Kongowea market

This comes barely a day after governors threatened to shutdown down the counties next Thursday should they not receive the cash by Friday.

Through Council of Governors, the county bosses said the Treasury was yet to release Sh102 billion to the 47 small governments with only two weeks left to the end of the financial year.

The CS attributed the delays to the cash collection challenges that has been hit hard by the Covid 19 pandemic.

He dismissed claims that his Ministry has unfairly treated counties when it comes to disbursement of funds.