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Govt Planning to Use IMF Loan to Pay Monthly Stipend to Jobless Kenyans


Govt Planning to Use IMF Loan to Pay Monthly Stipend to Jobless Kenyans
The government is planning to provide a monthly stimulus package to Kenyans who have lost their jobs as a result of the Covid-19 directive to lock down 5 counties.
According to the Business Daily, the Ministry of Labour is eyeing part of the Sh257 billion loan from the International Monetary Fund (IMF) to finance the monthly stipend.
Labour Cabinet Secretary Simon Chelugui told the National Assembly’s Labour Committee that they are negotiating with the Treasury on the amount to be disbursed to the ministry to cushion workers who were rendered jobless in the disease-infected areas (Nairobi, Kiambu, Nakuru, Kajiado and Machakos). ....

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State mulls jobs cut pay from Sh257bn IMF loan


State mulls jobs cut pay from Sh257bn IMF loan
Thursday April 15 2021
By SAMWEL OWINO
Summary
The Ministry of Labour wants part of the Sh257 billion loan from the International Monetary Fund (IMF) to cushion workers involuntarily squeezed out of employment through a monthly stipend.
The State seeks to offer a monthly stipend during periods of mass job cuts to ease the pain of loss of income and put money in people’s pockets.
The Ministry of Labour wants part of the Sh257 billion loan from the International Monetary Fund (IMF) to cushion workers involuntarily squeezed out of employment through a monthly stipend. ....

Nairobi Area , South Africa , Simon Chelugui , Protection Department , International Monetary Fund , Ministry Of Labour , National Assembly Labour Committee , Secretary Simon Chelugui , National Assembly , Labour Committee , Social Protection Department , நைரோபி பரப்பளவு , ப்ரொடெக்ஶந் துறை , சர்வதேச பண நிதி , அமைச்சகம் ஆஃப் தொழிலாளர் , தேசிய சட்டசபை தொழிலாளர் குழு , தேசிய சட்டசபை , தொழிலாளர் குழு , சமூக ப்ரொடெக்ஶந் துறை ,