County Government of Makueni

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County Government of Makueni
  • County Government of Makueni
  • Year : Mar 2020
3 Tokens
USD 300.00
Summary

The ratings reflect the County Government of Makueni’s stable financial profile underpinned by the consistent transfers from National Government, as well as other ongoing operational and institutional support from National Government. This is counterbalanced by a weak entity profile, characterised by limited economic activity and significant infrastructural backlogs.The ratings are supported by the stability afforded by the demonstrated consistent baseline of revenue from the National Government, which offset the County’s very low own source revenue (OSR) generation.

Additional Information

Established in 2013, the County Government of Makueni is the devolved government responsible for the County legislative, administrative and executive functions of Makueni County. It is one of Kenya’s 47 counties, located in the south-eastern part of the country. The Stable Outlook reflects the substantial underpin to revenue afforded by the large exchequer releases, and limited financial obligations.

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