This archive report was first published on 23 May 2020.
On May 23, 2020, President Uhuru Kenyatta unveiled an 8-point stimulus program valued at Sh53.7 billion to boost the virus-hit economy.
The program focuses on key sectors including infrastructure, education, health, agriculture, and tourism, as well as the SMEs sub-sector, environment, and manufacturing.
President Kenyatta said, "To combat the effects of this downturn, my administration has had to take additional measures. Today I am happy to announce the rolling out of my 8-point stimulus programme amounting to some Sh53.7 billion. The injection of this money into the economy will stimulate growth and cushion families and companies as together we navigate our way out of the COVID-19 pandemic."
Under the program, the government has set aside Sh5 billion to hire local labor to repair infrastructure damaged by the ongoing rains.
The government will also spend Sh10 billion to employ over 200,000 youths under the National Hygiene Programme to cushion them during the coronavirus pandemic period.
Additionally, the education sector will receive Sh6.5 billion to hire 10,000 teachers and 1,000 ICT interns to support digital learning countrywide.
President Kenyatta also revealed that the government is spending Sh250 million every week to support vulnerable groups in the country who have been worst hit by the impact of coronavirus.
