Sunday, Sep 20, 2020
HomeEconomyIEBC contributes Ksh1.2 million towards COVID-19 emergency fund

IEBC contributes Ksh1.2 million towards COVID-19 emergency fund

IEBC contributes Ksh1.2 million towards COVID-19 emergency fund

The Independent Electoral and Boundaries Commission (IEBC) has contributed a colossal Ksh 1,272,350 to the coronavirus (COVID-19) emergency response fund.

The move follows President Uhuru Kenyatta plea to corporates and different organisation in the country to join hands with the government in order to win the war against the pandemic.

The commission said the amount was a sum collected from within the body and it will be directed to the emergency response fund even as the country continues to feel the pinch of the virus.

“Following the COVID-19 Emergency Response Fund Board by the President of Kenya, the Independent Electoral and Boundaries Commission embarked on collecting contributions from the chairman, commissioners and members of staff to support the fund.” read the stamen in part.

According to the commission secretary Marjan Hussein Marjan, the IEBC was committed to ensuring the pandemic was defeated.

Other corporates and banks in the country have since joined the government to work towards containing the surge of COVID-19.

The Co-operative Bank of Kenya injected Ksh.100 million to the coronavirus emergency fund as part of its efforts to support the containment of the coronavirus crisis.

According to the lender, the contribution will be channelled towards the purchase of critical medical supplies.

“This is a critical moment for our country. The outbreak of the COVID-19 pandemic is the biggest crisis of our time particularly in the effort to source critical life-saving medical supplies and equipment, especially ventilators that are in short supply globally,” noted Co-operative Bank Chief Executive Officer Gideon Muriuki.

President Uhuru Kenyatta on March 31 directed the National Treasury to set up an emergency response fund overseen by a 10-member board committee to bolster the country’s countermeasures against COVID-19.

The President said the funds would foster the national response to the pandemic that has slowed most of the world’s economies.

“The principal object of the fund shall be to mobilize resources for emergency response towards containing the spread, effects, and impact of the COVID-19 pandemic,” the Head of State outlined.

He further said that the initial allocation of the fund will be derived from monies received from government officials who committed to voluntary pay cuts to help in ongoing efforts to fight the virus with Kenya having recorded 208 cases as at Tuesday, April 14.

KRA introduces virtu
How coronavirus has

Digital Desk, Metropol TV

Rate This Article: