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How delayed funding messed up counties

Controller of Budget Margaret Nyakang'o is sworn in on December 4, 2019 at the Supreme Court. PHOTO | FILE | NATION MEDIA GROUP

What you need to know:

  • Counties’ quest to speed up economic growth hit headwinds between July and December 2019 because not many investments were made in key areas such as infrastructure and health.
  • Review report in the first half of 2019/20 financial year indicates that less development spending stifled investment, which denied the economy the impetus it needs to grow.

Delayed disbursement of funds to county governments in the first six months of this financial year affected crucial plans on roads, water, agriculture and health sectors, the latest report by Controller of Budget Margaret Nyakang’o shows.

This means that counties’ quest to speed up economic growth hit headwinds between July and December 2019 because not many investments were made in key areas such as infrastructure and health.