Ruto assents to Revenue Sharing Bill 2026, allowing counties to get Sh428b
President Ruto assents to Division of Revenue Bill, 2026, allocating Sh428B to counties for FY 2026/27, up from Sh415B in FY 2025/26 to boost devolution...
✨ Key Highlights
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.
- Counties will receive Sh428 billion, an increase of Sh13 billion from the previous year.
- The bill's enactment by President Ruto strengthens devolution and aims to improve service delivery.
- An additional Sh10.25 billion has been allocated to the Equalisation Fund to promote equitable development in marginalized regions.
Continue Reading
Read the complete article from The Standard
Part of the Day's Coverage
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.
