× Digital News Videos Health & Science Lifestyle Opinion Education Cartoons Columnists Moi Cabinets Arts & Culture Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

County to use youth, women loans fund to fight Covid-19

NORTH EASTERN
By Abdimalik Ismail Hajir | July 18th 2020

Garissa county has reallocated funds initially meant for interest free loans to residents to fight Covid-19 pandemic, a finance executive has said.

Roble Nunow said the county’s treasury through a supplementary budget before the Assembly transferred the funds after the department failed to utilise the money on time.

“It was in April when we sought a supplementary budget to reallocate the money to fight the coronavirus pandemic. There was no way they could utilise it in two months of the financial year,” he said.

Nunow’s remarks come after a report by Adow Jubat, the county executive in charge of Trade, Tourism and Enterprise development said no one benefited from the interest free loans, which was launched a year ago to help empower youth, women and people with disability.

The report, which was tabled before the Assembly, indicated that only Sh10 million used in the logistics was deposited. Some Sh140 million was never deposited, but was instead reallocated to other competing entities.

In what appears to be hostilities between executive members of the Governor Ali Korane-led administration, Nunow denied he had received letters from the trade department on requisitions touching on the interest free loans dubbed revolving funds.

The fund, launched by Korane in June 2019, had raised hopes for the locals, who applied in droves.

Covid 19 Time Series

 

Share this story
'We only get money from the morgue'
But the two trading centres, situated at institution's two main gates are now deserted with traders intimating decline in revenues.
I eagerly await my baby's first steps
Spina Bifida, and though rare in the general population, it is the most common neural tube defect in the world
.
RECOMMENDED NEWS
Feedback