President Uhuru kenyatta announces ksh.53billion stimulus plan.

President Uhuru Kenyatta has unveiled his eight-point economic plan that will see the economy jumpstarted.

He announces a location of 53B which will be used towards rebulding infrastructure,that was destroyed by floods and hiring teachers. Also providing small funds to small businesses.

“We have to find a way to reopen even as we find a way to stay with this virus,” the Head of State said on Saturday morning.

Ksh. 10billion for fast tracking payment of outstanding VAT refunds and other pending payments while Ksh. 3billion as seed capital for SMEs credit guarantee.

Ksh. 5billion for hiring local labor for the rehabilitation of access roads and foot bridges that were damaged to during the floods.

Ksh. 6.5billion for the Education Ministry for hiring of 10,000 teachers and 1000 ICT interns to support digital learning and acquisition of 250,000 locally fabricated desks.

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