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"id": 1519335,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1519335/?format=api",
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"type": "speech",
"speaker_name": "Sen. Okenyuri",
"speaker_title": "",
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"content": "Mr. Deputy Speaker, Sir, I rise pursuant to Standing Order 53(1) to seek a Statement from the Standing Committee on Finance and Budget regarding the huge unspent funds by counties held in the County Revenue Fund (CRF) at the Central Bank of Kenya (CBK). In the Statement, the Committee should– (1) Explain about Kshs48.5 billion is lying dormant in the CRF accounts at the CBK as reported by the National Treasury despite the financial struggles faced by many county governments; (2) Provide a report of the monies held in the recurrent accounts for counties by the CBK as of January, 2025, indicating the amount meant for each county even as many county employees are facing delayed salaries; and, (3) State the economic implication occasioned by failure of the said counties to absorb the funds given that much of it is earmarked for development."
}