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Page 10 - கேந்ய தேசிய பணியகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why poor Kenyans, elderly miss out on welfare stipends

Why poor Kenyans, elderly miss out on welfare stipends Summary The State targets orphans and vulnerable children, older persons and persons with severe disabilities in the cash transfers and Hunger Safety Net Programme. About Sh5.8 billion of the amount meant for the beneficiaries was not transferred out of Sh25.82 billion recurrent expenditure allocation in the financial year 2019/20. The expansion of the fund was meant to increase the funds available in the cash transfer programme and cushion the vulnerable in society after the hit of the pandemic in late March. Thursday August 05 2021 By ELIZABETH KIVUVA Summary The State targets orphans and vulnerable children, older persons and persons with severe disabilities in the cash transfers and Hunger Safety Net Programme.

Taxpayers still paying for State s 90s money-printing debacle

Taxpayers still paying for State s 90s money-printing debacle
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Farmers replace property developers as biggest loan defaulters in Covid-19 era

Farmers replace property developers as biggest loan defaulters in Covid-19 era Summary About 23.67 percent of outstanding Sh109 billion loans advanced to the sector were not being serviced as of the end of March compared to 16.03 percent a year earlier, making it the sector with the highest non-performing loans (NPL) ratio. Agriculture’s NPL ratio marginally zoomed past building and construction (23.52 percent) and trade (19.14 percent) sectors, latest Central Bank of Kenya industry statistics shows. Analysts attribute the elevated defaults on loan repayments in agriculture to depressed demand from sectors such as hospitality, which was hardest hit by the restrictions and shutdowns imposed to stem the spread of the pandemic.

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