Economy

UNCDF, CoB agree on development of mid-term revenue enhancement action plans for select counties

United Nations Capital Development Fund (UNCDF Kenya) Country Office in partnership with the Office of Controller of Budget and in collaboration with the Commission of Revenue Allocation (CRA), Intergovernmental Budget and Economic Council (IBEC), Kenya School of Revenue Administration (KESRA), the, Council of Governors, (CoG) and Capital Markets Authority (CMA) is holding a workshop to support 20 County governments to develop their mid-term revenue enhancement action plans (REAPs).

This comes in the wake of the four previous TADAT phases completed in December 2020 – April 2023 in 20 Counties of Mombasa, Kilifi, Makueni, Kisumu, Garissa, Wajir, Isiolo, Lamu, Tana River, West Pokot,

Others are Busia, Narok, Nairobi, Meru, Nakuru, Kericho, TransNzoia, Kakamega, Kirinyaga and Kisii.

Through this initiative, UNCDF and its partners support the evolving Kenya’s devolution process delivered through the UN Joint Programme on Devolution in Kenya and other UNCDF programme vehicles.

According to the Comprehensive Own Source Revenue Potential and Tax Gap Study of County Governments prepared by the Commission on Revenue Allocation in June 2022, own source revenue mobilization is an important aspect in adherence to fiscal responsibility principles especially in light of the constrained national fiscal framework. The report set clear targets which Counties can work towards in their revenue mobilization and reform journey.

UNCDF gave thanks to the Commission on Revenue Allocation for taking lead, including the support of the Office of Controller of Budget, Intergovernmental Budget and Economic Council (IBEC), Kenya School of Revenue Administration (KESRA) and the respective County governments for their participation to this initiative and pledged to working closely with the remaining 27 County governments on upcoming TADAT assessments.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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