THE STANDARD
BUSINESS
Treasury Cabinet Secretary Ukur Yatani.
Nairobi County will get the largest share of the Sh370 billion equitable share among the country’s 47 devolved units in the next financial year.
According to proposals by the Commission of Revenue Allocation (CRA) that factors in the Sh53.5 billion pledged by President Uhuru Kenyatta after the Senate standoff on the shareable formula, Nairobi’s figures increased by Sh3.3 billion to Sh 15.9 billion.
Apart from Nairobi, Nakuru County’s share will also shoot up to Sh13 billion from the current Sh10.4 billion while Kiambu will get additional Sh2.2 billion up from Sh9.4 billion.