Raise Sh66b Treasury bond to buy vaccines for everyone

Treasury CS Ukur Yatani during the launch of Acorn student accommodation Real estate investment trusts at the Villa Rosa Kempinsky, Nairobi on February 24, 2021. [Elvis Ogina, Standard]

The steady rise of Covid-19 infections continues to exact a heavy toll on Kenyans and the economy. The spread of the virus prompted the government to impose cessation of movement in Nairobi, Kiambu, Nakuru, Kajiado, and Machakos.

These containment measures are like a double-edged sword. While they will protect citizens from Covid-19, they will also expose the entire population to economic vagaries and portend massive loss of income at a time when the economy had just started recovering.