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Lack of funds has derailed county assets valuation exercise

A deficit of Ksh.280 million is holding back the completion of the valuation exercise of the assets of the defunct local authorities.

The Intergovernmental Relations Technical Committee, which is undertaking the exercise, has disclosed that no more than 45pc of the assets has been valued in the exercise that started in March this year.

“We know the country is starved of resources but we are optimistic that in the new financial year we will get the resources to help our multi-agency team…

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