EU commits Ksh 600M towards Nairobi’s informal settlements

The European Union has committed an additional Ksh 600 million to the country’s social safety net programme that will go towards feeding households in  Nairobi’s informal settlements.

The fund is also expected to increase money circulation in the economy by boosting the purchasing power of vulnerable groups.

Labor and Social Protection Cabinet Secretary Simon Chelugui says the funds will go a long way in increasing the purchasing power of vulnerable groups in the country and injecting more liquidity in the economy.

In a bid to cushion vulnerable Kenyans against the adverse effects of the Coronavirus the government disbursed Ksh 7.8 billion under the cash transfer programme.

According to the Labour CS, the funds need an allocation of more than Ksh 5 billion during this year’s budget for efficiency and expand to more than the current 21 counties.

This is as the government seeks to amend the social security act that will among other things streamline operations in the cash transfer programme to make it more efficient.