County cash crisis looms in January on legal impasse
Cabinet Secretary for The National Treasury and Economic Planning John Mbadi before the Senate Finance and Budget Committee at the County Hall Nairobi on September 16, 2024.
The National Treasury has so far used a backstop to fund the devolved units where counties.
The stop-gap measure is set to avert the current cash crises the counties are experiencing.
Counties risk running into a funding crisis in the new year if Parliament fails to agree on a new funding framework for the devolved units by the end of December.
The National Treasury has so far used a backstop to fund the devolved units where counties have qualified for at least 50 per cent of the approved allocation in the immediately preceding financial year (2023-24).
