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The Local Authorities Transfer Fund (LATF) is one of the funds that the Kenyan Government has decentralized to local authorities to supplement the financing of service delivery, enhance financial management and accountability, as well as reduce debts accumulated by the authorities. The purpose...
Persistent link: https://www.econbiz.de/10011205663
The Government has decentralized about 16% of the Road Maintenance Levy Fund to constituencies to maintain feeder roads. Decentralization of the fund creates opportunity for communities to participate in road maintenance, thus, improve transparency, accountability, ownership and sustainability....
Persistent link: https://www.econbiz.de/10011205789
Debt can be rewarding in cases of moderate use, but can be disastrous in cases of imprudence. Excessive debt has been a key challenge to Kenyan local authorities, constraining service delivery and undermining financial sustainability. The Government established and decentralized the Local...
Persistent link: https://www.econbiz.de/10011205810
The Road Maintenance Levy Fund came into existence in 1993 through an Act of Parliament, to facilitate the maintenance of public roads. The Kenya Roads Board administers the Fund and works in collaboration with various implementing agencies. However, anecdotal information suggests that the...
Persistent link: https://www.econbiz.de/10011205826
Microcredit is a crucial tool for economic empowerment of women. In Kenya, the microcredit industry has supported more than 3 million small and medium enterprises for close to 30 years. Kenya Women Finance Trust is a leading microcredit institution dealing exclusively with financing needs of...
Persistent link: https://www.econbiz.de/10011205680