The 3rd Basis for Revenue Sharing among County governments - Rationale, Politics, Future of the Formula
|Post Date: 03 August 2020 | Category: Public Finance | Hits: 61|
Monday, August 3, 2020: The Institute of Economic Affairs (IEA-Kenya) held a virtual public forum on The 3rd Basis for Revenue Sharing among County governments - Rationale, Politics, Future of the Formula. The discussion mainly focused on county budget allocation, expenditure and delivery. On implementation of the third basis, the Commission on Revenue Allocation (CRA) recommends a phasing-in of the formula to avoid disruption in service delivery and development programs. The proposed approach is to set aside 15 percent of the equitable share increment to cushion counties which would see a reduction in their equitable share in a quantum in excess of 5 percent. This is in line with the provisions of Article 203(d) and (j) of the Constitution.
The Panelists were from the Commission on Revenue Allocation (CRA) and they were; Dr. Irene Asienga, Commissioner and Lineth Oyugi Director of Economic Affairs.
Click the link to watch full session http://www.ieakenya.or.ke/publications/presentations/webinar-23-virtual-public-forum-on-the-3rd-basis-for-revenue-sharing-among-county-governments