Sharp Daily
No Result
View All Result
Tuesday, September 16, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Nyanza, North Eastern emerge top equalization fund beneficiaries

Faith Chandianya by Faith Chandianya
February 22, 2024
in News
Reading Time: 2 mins read

The Senate has passed seven bills, among them the Equalisation Fund Appropriation Bill, 2023. The Equalisation Fund, with a total allocation of KES 10.8 billion, aims to support the delivery of fundamental services such as water, roads, healthcare facilities, and electricity, primarily targeting regions historically underserved by past administrations.

A total of 33 counties have been earmarked to benefit from this allocation, supplementing both national and county-level efforts to enhance infrastructure and services in marginalized areas. The objective is to bridge the gap in service quality between these regions and the rest of the nation.

Despite objections from parliamentarians representing the Central region, who advocated for a more equitable distribution of resources, lawmakers from marginalized areas successfully advocated for their regions to receive their due share, aligning with the constitutional mandate outlined in the 2010 Constitution .

However, disparities persist within regions. For instance, out of 34 constituencies in a specific area, only one, Ithanga Ward in Gatanga Constituency, will receive funding, amounting to KES 5 million. Meanwhile, counties in Nyanza and North Eastern regions emerge as major beneficiaries of the fund.

RELATEDPOSTS

Ruto takes stance on Gachagua-Ndindi central succession politics

January 23, 2024

In Nyanza, Muhoroni and Nyando Constituencies in Kisumu are set to receive a total of Ksh25 million, while Bondo, Gem, and Rarieda constituencies in Siaya will share KES 33 million. Additionally, several constituencies in Homa Bay and Migori counties are slated to receive significant allocations .

Notably, all constituencies in the defunct North Eastern region are set to benefit from the Equalisation Fund. Among the top recipients are Turkana, West Pokot, Narok, Mandera, and Wajir counties, each receiving substantial allocations (Author’s Last Name, Year).

Furthermore, Upper Eastern counties, including Meru and Tharaka Nithi, part of the larger Mt. Kenya region, are included in the distribution plan. Specific constituencies within these counties, such as Igembe South, South Imenti, Tigania East, Maara, and Tharaka, are slated to receive allocations.

In summary, the Equalisation Fund Appropriation Bill, 2023, represents a significant step towards addressing historical marginalization, with targeted allocations aimed at improving infrastructure and service delivery in underserved regions across the country.

Previous Post

MPs give greenlight to the Affordable Housing Bill

Next Post

Five dead, several injured in lorry-matatu collision in Kisumu

Faith Chandianya

Faith Chandianya

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025

Kenya’s new banking policies: A turning point for the financial sector

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024