If enacted, the formula shall apply for the next five financial years, according to Article 217 (1) of the constitution. The absence of the formula means that the County Allocation of Revenue Act (CARA), which forms the legal basis for division of revenue among the counties, cannot be enacted. In a statement, the CRA said the constitution prescribes the underlying principles of public finance and focuses on equitable resource sharing. The Senate leadership should now lead us in passing the same via consensus,” Mr Murkomen said. Mr Murkomen also noted that the amendment has already been filed with the Speaker’s office for approval.
Source: Daily Nation August 11, 2020 08:00 UTC