Cash for elderly going to the rich, says World Bank

A section of elderly women and men wait to receive cash in Matungu sub county, Kakamega County. [Standard]

The Government’s cash transfer programme to the elderly has been hijacked by the rich, the World Bank has said in a new report.

The Washington-based institution found that for every Sh1 spent on the programme, 73 cents go to the well-off, a situation that has consigned many elderly people to poverty.