CRA proposes new revenue-sharing formula
37 views · Published 19 December 2018 · 2:36 · Indexed 15 October 2026
Channel: KBC Channel 1 · 2018 · News & Politics
The Commission on Revenue Allocation has proposed a new revenue sharing formula that will reward devolved units for revenue collection. Under the proposed formula that takes effect from the next financial year, counties will get an extra 20 shillings for every 100 shillings they collect. The draft formula also increases revenue allocations to counties by 21 billion Connect with KBC Online; Visit our Website - http://www.kbc.co.ke/ Follow KBC on Twitter - https://twitter.com/KBCChannel1 Find KBC on Facebook - https://www.facebook.com/kbcchannel1news/ Follow KBC on Instagram - https://www.instagram.com/kbcnews_/ #KBCNewsHour
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