The National Assembly Special Funds Committee has recommended that 0.3 per cent of national revenue collection should go to political parties. In the current situation, this will amount to Ksh5 billion.
The MPs want the treasury to comply with a 2017 rulling that required the treasury to comply with the rule, by implementing the same in 2018/19 financial year.
If implemented, the Jubilee Party and Orange Democratic Movement (ODM) Party will share more than Ksh3 billion.
They will however have to share the chunk with their affiliate parties that supported them during the 2017 general elections.
Jubilee was backed by Kanu, Maendeleo Chap Chap, Narc Kenya, Labour party of Kenya among others while Raila’s candidacy under the Nasa Coalition was supported by the Wiper Party, Amani National Congress and Ford Kenya.
In 2016/17 financial year, TNA got the lion’s share of Ksh149.4 million while ODM got Ksh131.3 million. Ruto’s URP got Ksh47.1 million against Kalonzo’s Wiper Party which got Ksh24.1 million.
Read: ‘Raila Is Not Retiring From Politics,’ Oburu Odinga Declares
In 2017/18 financial year, only Jubilee and ODM received the political parties fund. Jubilee received Ksh240.4 million while ODM got Ksh112.3 million. In the year, political parties were allocated Ksh371.2 million.
According to the constitution, political parties are entitled to at least 0.3 per cent of the total national revenue collection. However, only political parties that garner at least five percent in the national voting grid in the tallies fro president, governors, MPs and members of the county assemblies.
95 per cent is distributed proportionally while five per cent is retained by the registrar of political parties.
Despite this, the 0.3 per cent threshold has never been met by the government, forcing ODM to go to court in 2016.
Do you have a story you want told? Do you know of a sensitive story you would like us to get our hands on? Email your news TIPS to Editor@kahawatungu.com Also WhatsApp 0708677607 with your news tips
Email your news TIPS to Editor@kahawatungu.com or WhatsApp +254707482874