Kenya's National Treasury CS Yatani contradicts governors on arrears

THE STANDARD
MONEY & CAREERS
National Treasury CS Ukur Yatani (PHOTO: File)
NAIROBI, KENYA: National Treasury on Thursday said it has not disbursed funds to the counties for two months contradicting the Council of Governors.
Governors through Kakamega County boss Wycliffe Oparanya said the arrears spread out to four months of October, November, and December of last year and January this year.
In a statement, Treasury called on the county governments to utilise Sh34.6billion balance lying at the Central Bank of Kenya as it works on a plan to clear the two months arrears.
Cabinet Secretary Ukur Yatani of the National Treasury and Planning confirmed that it has so far transferred Sh133 billion to county governments for the Financial Year 2020/21. Of the transfers, Sh120.2 billion has been disbursed as part of the equitable share and Sh13 billion as conditional grants.

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