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Forex News Update
May 6, 2012
Nairobi to get lion's share of county governments' budget
www.ntv.co.ke Nairobi County will bag the lion's share of the 15 percent of the national budget intended for the county governments. The commission on revenue allocation, which is mandated to develop a formula through which the 47 counties will share the money, is working with a proposed figure of 200 billion shillings to be divided among the counties, based on the population of each county, the poverty index, land mass, equal share and fiscal
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