Treasury CS admits government has gone broke

Just in

Rotich stated that the shortfall in revenue collection was caused by long election period and drought.

The Treasury CS made the admission on Wednesday when appearing before the Senate's Finance Committee.

Rotich submitted a petition to Parliament seeking to has petitioned to reduce county allocations by between Sh15 billion and Sh18 billion in the next financial year.

The devolved units received Sh302 billion in the 2017/18 financial year. If Treasury's petition is adopted, the counties will get between Sh284billion and 287 billion.

"There are a lot of things that even the President wanted to do after elections but the money is not forthcoming and we have had to review the projects and put them on hold. Nothing stops counties from doing the same," the CS stated.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

OKA principals walk out before Musalia Mudavadi's 'earthquake' announcement

OKA principals walk out before Musalia Mudavadi's 'earthquake' announcement

Parts of Nairobi experiencing perennial blackouts, Kenya Power remains mum

Parts of Nairobi experiencing perennial blackouts, Kenya Power remains mum

ANC inspect Bomas of Kenya ahead of 'earth-shattering' convention

ANC inspect Bomas of Kenya ahead of 'earth-shattering' convention

Kenya denies recognising Somaliland as an independent state

Kenya denies recognising Somaliland as an independent state

Esther Passaris in mourning after losing father, aged 79

Esther Passaris in mourning after losing father, aged 79

IEBC releases 2022 General Election calendar

IEBC releases 2022 General Election calendar

CCTV footage shows last moments of woman whose body was dumped at GSU Recce headquarters

CCTV footage shows last moments of woman whose body was dumped at GSU Recce headquarters

Radio host Njogu wa Njoroge abandons Moses Kuria for DP Ruto’s UDA

Radio host Njogu wa Njoroge abandons Moses Kuria for DP Ruto’s UDA

Mixed reactions after Uhuru banned trade of scrap metal

Mixed reactions after Uhuru banned trade of scrap metal