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Browsing: Economic Stimulus Programme (ESP)
- Kenyatta said the interventions would help an economy that was already recording remarkable recovery
- The new programme targets the key product and service sectors in thirteen strategic intervention
Kenya’s President Uhuru Kenyatta has announced the rolling out of the country’s third financial stimulus programme, designed to accelerate the pace of economic growth and to sustain the gains already made.
Speaking during the Mashujaa Day celebrations on Wednesday, October 20, Kenyatta said the interventions would help an economy that was already recording remarkable recovery.
“This rebound is as a result of the gradual reopening of the economy especially the services sector coupled with stronger global demand. This recovery is reflected in the strong revenue performance for the Quarter ending September 2021,” he said.
The new programme, which will be effective 1st November 2021, targets the key product and service sectors in thirteen strategic interventions as listed below.