A new World Bank report has revealed that Kenya’s centrally managed fertiliser subsidy programme contributed to the loss of about 200,000 jobs across the agricultural supply chain. The findings raise concerns about the unintended effects of reforms introduced under President William Ruto’s administration, particularly on employment and access to farm
Tag: World Bank
Warnings Grow of Possible Misuse of NYOTA Youth Fund
Former Roots Party deputy presidential candidate Justina Wamae has questioned the credibility and sustainability of the National Youth Opportunities Towards Advancement (NYOTA) programme. Professor George Wajacoya's former running mate warned that without strict oversight, the Ksh50,000 youth grants could be squandered instead of empowering beneficiaries.In a post shared on X on
Kenya’s Debt: 70% of Revenue Now Spent on Repaying Loans
Kenya and World Bank collaborate to support Young mothers
The Kenyan government, in partnership with the World Bank, is finalizing a collaboration aimed at providing young mothers with a monthly stipend to support their needs. According to President's Senior Economic Advisor Moses Kuria, this initiative will offer financial assistance during pregnancies and continue until the children reach three years
Ruto asks Bretton Woods to align plans with Africa’s aspirations
President William Ruto has asked the World Bank and the International Monetary Fund to to review their plans to match the aspirations of Africa. Ruto said the Bretton Woods institutions have the power to transform the continent. and noted that this can be realised if these Institutions attain a significant measure