Ruto signs Division of Revenue Act, securing Sh428bn equitable share for counties
The final figure was agreed upon after seven mediation sessions convened to resolve differences between the National Assembly and Senate. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
President William Ruto has signed the Division of Revenue (DoR) Bill, 2026 into law, officially allocating Sh428 billion in equitable share funding to county governments for the 2026/27 financial year.
- Sh428 billion will be devolved to counties.
- The National Assembly and Senate reached a breakthrough agreement after mediation.
- The new law provides certainty for counties as they finalize their budgets before the July 1 start of the financial year.
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Ruto assents to Revenue Sharing Bill 2026, allowing counties to get Sh428b - June 2026
President William Ruto has assented to the Division of Revenue Bill, 2026, enabling the distribution of nationally raised revenue for the 2026/27 financial year. The law officially allocates Sh428 billion in equitable share funding to county governments. Separately, Treasury Cabinet Secretary John Mbadi presented the 2026/27 National Budget, a spending plan totaling KSh 4.8 trillion, before Parliament. Additionally, the World Bank is set to disburse Ksh96.9 billion to Kenya by June 30, following the country's successful implementation of key policy reforms.
