×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Fund seeks Treasury's help to recover Sh36.28 billion debt owed by counties

County Pension Fund (CPF) chief executive officer Hosea Kili at a past function. The fund is seeking to recover more than Sh36 million owed to it by county governments. [File, Standard]

The County Pension Fund (CPF) now wants the National Treasury and the Controller of Budget to directly pay it Sh36.28 billion debt owed by county governments.

The fund's CPF chief executive officer Hosea Kili does not want the Treasury to give counties their allocations after which the devolved units will use a portion of it to pay the debt as has been the case.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902