President William Ruto during a meeting with Spain President Pedro Sánchez Pérez-Castejón on the sidelines of the Fourth International Conference on Financing for Development in Seville, Spain on June 30, 2025
President Ruto’s signing of the Bill into law will pave the way for the National Treasury to start disbursing funds to the 47 counties.
On Monday, 32 senators voted in favour of the mediated version of the Division of Revenue Bill, allocating counties Sh415 billion.
All eyes are now on President William Ruto over the release of funds to counties after Parliament yesterday approved Sh415 billion as equitable revenue share to the devolved units for the financial year ending June 30, 2026.
The development came after senators passed the Division of Revenue (Amendment) Bill, 2025 placing the ball in the President’s court to assent to the Bill as the new financial year begins.
