There are 160 082 billion shillings from world bank to facilitate livestock production and maximise its trade across the Horn of Africa
58, 429 pupils have not proceeded to post primary education posing 96 per cent of 100 per cent government transition rate
Government has sponsored 14 426 children under the National Government Constituency Development Fund
The Government Spokesperson Sen Dr. Isaac Mwaura has now revealed that cost of living continues to improve after maize prices dropped by 12.7 per cent last yearÂ
Speaking on Thursday 15th February, during government updates, Mwaura stated the drop has been driven by improved local harvests courtesy of good weather, and the fertilizer subsidy programme
“The fall has been a major relief for consumers as it has lowered the cost of Unga consumed in many households from Sh230 last year to Sh 130 currently,” he posed
Additionally, Mwaura stated that electricity tariffs are expected to drop by Ksh 3.44 per unit this month while fuel prices have gone down by Ksh1.00 in the latest price pump review by the Energy and Petroleum Regulatory Authority
Strength of Shillings Against Dollar
The government spokesperson noted that on yesterday the shilling posted it’s strongest intra-day gain against the US Dollar in the last 12 years. “This will effectively lower debt service costs attracting more investors,” he added
He disclosed that yesterday’s Cabinet meeting welcomed successful placement of USD1.5 billion Eurobond and termed it’s oversubscription an information that investors presently retain high degree of confidence in the administration’s economic turnaround strategy
“Reaping from Eurobond’s placement and targeted interventions by the government, Kenya shilling has now reversed the downward trend and is appreciating in value against major world currencies. This means that the shilling has now appreciated for 11 straight days to trade below Sh153.75 at some commercial banks,” Dr Mwaura remarked
In furtherance to keeping administration’s digital transformation agenda, Cabinet yesterday, sanctioned the digitization of the entire education system, spanning from basic education to tertiary and university levels
The said interventions aims to addressing the governance challenges within our education system that have led to parallel accounts, charging of unauthorised school fees, diversion of the exchequer releases on capitation and other fraudulent activities that undermine the integrity of the education systems, leading to the enrolment of ghost students
The government is now advising those who wish not to continue with secondary education to join the public vocational training centres which are now under the county government
“We have a total of 1120 vocational training centres of which 1022 are public and 78 private ones, spread across the country, our students can tap skills and knowledge for self reliance in those centres,” he advised