Home » CDF projects stall over cash crunch

CDF projects stall over cash crunch - NewsZetu.com

ADVERTISEMENT
newszetu
Monday, January 25, 2021
  • Home
  • News
  • International
  • Business
  • Tech
  • Sports
  • Health
  • Entertainment
  • Fashion
  • Gossip
  • Travel
No Result
View All Result
NewsZetu.com
No Result
View All Result
ADVERTISEMENT

Home » CDF projects stall over cash crunch

CDF projects stall over cash crunch

December 2, 2020
in News
2 min read
CDF projects stall over cash crunch
ADVERTISEMENT

YOU MAY ALSO LIKE

Stalled road project set to kick off, says Gideon

Medics’ strike slows justice for abused victims

ADVERTISEMENT

Implementation of multi-billion shillings National Government Constituency Development Funds (NG-CDF) projects has been suspended over cash crunch.

It has emerged that the National Treasury failed to release funds to the 290 constituencies since the beginning of the current financial year.

The constituencies should have received Sh20.85 billion of the Sh41.7 billion allocated to the NG-CDF in the 2020/2021 fiscal year to implement development projects.

MPs now say delay to release funds could to stall priority projects like construction of classrooms, roads, hospitals among others financed by the kitty.

Yesterday, members of the National Assembly’s Public Accounts Committee (PAC) raised the matter with the Treasury Principal Secretary Julius Muia, who appeared before it over audit queries.

PAC chairman Opiyo Wandayi said implementation of several projects was on the verge of stalling.

He noted that most constituencies had planned to use the funds to put up more classrooms to meet social distancing schools to curb the spread of Covid-19.

“As a committee we are concerned that we are now halfway 2020/21 financial year and there is no single cent disbursed to the constituencies. You should bear in mind that schools are reopening next month,” said the committee chairperson.

It also emerged that some constituencies were yet to receive allocation for the last financial year.

Funyula is one of the constituencies, whose allocation for the last fiscal year is still being held by the Treasury.

MP Wilberforce Oundo said the constituency is yet to receive Sh20 million from the previous year. He regretted that this has made him not to deliver some election pledges.

“I have been to the NG-CDF offices for the last two months, the President said we use CDF to improve infrastructure and we have only one month for schools to reopen,” said Mr Oundo.

President Uhuru Kenyatta had in his State of the Nation Address last month appealed to MPs to allocate part of the CDF money for construction of classrooms ahead of resumption of learning.

But in his response that he gave in a closed door session, PS Muia blamed delay to release funds on revenue shortfall occasioned by effects of Covid-19.

Covid-19 hit the country in March, forcing the Government to implement strict measures that drastically reduced hours for doing business affecting revenue generation.

Credit: Source link

Share197Tweet123
<a href="http://www.instaforex.com/?x=MKMRR">InstaForex</a>
ADVERTISEMENT
Previous Post

Two Golden State Warriors test positive for COVID-19 upon rejoining team

Next Post

Two clerks charged with stealing Sh990,000 computers from Ardhi House – Nairobi News

Related Posts

Stalled road project set to kick off, says Gideon
News

Stalled road project set to kick off, says Gideon

January 25, 2021
Medics’ strike slows justice for abused victims
News

Medics’ strike slows justice for abused victims

January 25, 2021
Pope to miss events due to new flare up of leg pain -Vatican
News

Pope to miss events due to new flare up of leg pain -Vatican

January 24, 2021
Unease in Raila camp over Uhuru
News

Unease in Raila camp over Uhuru

January 24, 2021
Next Post
Two clerks charged with stealing Sh990,000 computers from Ardhi House – Nairobi News

Two clerks charged with stealing Sh990,000 computers from Ardhi House – Nairobi News

Search

No Result
View All Result

Recent News

Buffalo Bills turn monster mistake by Chiefs into early lead

Buffalo Bills turn monster mistake by Chiefs into early lead

January 25, 2021
Stalled road project set to kick off, says Gideon

Stalled road project set to kick off, says Gideon

January 25, 2021
Packers’ gaffe allows 39-yard TD for Bucs’ Scotty Miller with :01 before half

Packers’ gaffe allows 39-yard TD for Bucs’ Scotty Miller with :01 before half

January 25, 2021
ADVERTISEMENT
NewsZetu.com

NewsZetu.com is an online news website focused on latest breaking news from around the globe. We also cover business ,sports, entertainment and feature articles in technology,health,fashion and travel.

Recent News

  • Buffalo Bills turn monster mistake by Chiefs into early lead
  • Stalled road project set to kick off, says Gideon
  • Packers’ gaffe allows 39-yard TD for Bucs’ Scotty Miller with :01 before half
  • Contact Us
  • Privacy Policy

© 2020 NewsZetu.com - All rights reserved!

No Result
View All Result
  • Home
  • News
  • International
  • Business
  • Tech
  • Sports
  • Health
  • Entertainment
  • Fashion
  • Gossip
  • Travel

© 2020 NewsZetu.com - All rights reserved!

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.