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Constitution of Kenya, 2010
and voting; and
(e) the suspension of assemblies and executive committees.
CHAPTER TWELVE––PUBLIC FINANCE
Part I—Principles and Framework of Public Finance
Principles of public
finance.
201. The following principles shall guide all aspects of public
finance in the Republic—
(a) there shall be openness and accountability, including public
participation in financial matters;
(b) the public finance system shall promote an equitable society,
and in particular—
(i) the burden of taxation shall be shared fairly;
(ii) revenue raised nationally shall be shared equitably among
national and county governments; and
(iii) expenditure shall promote the equitable development of
the country, including by making special provision for
marginalised groups and areas;
(c) the burdens and benefits of the use of resources and public
borrowing shall be shared equitably between present and
future generations;
(d) public money shall be used in a prudent and responsible
way; and
(e) financial management shall be responsible, and fiscal
reporting shall be clear.
Equitable sharing of
national revenue.
202. (1) Revenue raised nationally shall be shared equitably
among the national and county governments.
(2) County governments may be given additional allocations from
the national government’s share of the revenue, either conditionally or
unconditionally.
Equitable share and
other financial laws.
203. (1) The following criteria shall be taken into account in
determining the equitable shares provided for under Article 202 and
in all national legislation concerning county government enacted in
terms of this Chapter—