The Chairman of the Council of Governors, Governor Josphat Nanok. [Photo/the-star.co.ke]
The Kenyan law, it has been revealed, does not allow 45 county governments to get funds from international lenders like the World Bank for development projects.The governors have made public their intention to have a law change that will give them access to international loans.They contend that the County Allocation of Revenue Act assented to by President Uhuru Kenyatta on Wednesday puts the counties at a great disadvantage.Governors are angry at the state over what they deem sabotage that has forced them to seek funding from commercial banks loans to meet obligations.''The Council of Governors would like to urge the Senate to quickly amend the Act to include the projected 2.29 billion shillings for the next three years and 927 million shillings for this financial year.'' Turkana governor, Josphat Nanok said.Nanok argued that the amendment of the Act would help fast-track development in the counties.
The governors want to benefit from a World Bank-funded programme aimed at developing urban centres in counties expected to be implemented in six years.