BusinessEconomyPolitics

Boost for Uhuru’s development agenda as Denmark pumps in Ksh13 billion

The Danish government has announced plans to support Kenya’s development agenda to the tune of Ksh13 billion in its next ‘Danish Support to Kenya Development Programme.

The announcement was tabled by Danish Ambassador H.E Mette Knudsen who made the disclosure when she paid a courtesy call on National Treasury Principal Secretary Dr. Julius Muia at the Treasury Building on August 29

According to the ambassador, Denmark will soon disburse Ksh.468.7 million to support health facility operations and maintenance in all the 47 Counties under the Universal Health Care programme. She said that the amount, which is fifty percent of the funds allocated for the financial year 2019/20, will shortly be expended to the National Treasury for onward disbursement to the counties.

She added that Denmark will continue supporting Kenya in the ongoing Public Financial Management Reforms which is being spearheaded by the National Treasury.

Dr. Muia, thanked the Danish government for the continuing cordial relation and support in the financial, health, water, energy, environment and water sectors among others.

The Principal Secretary called on all government entities to ensure that funds from development partners were prudently utilized for the intended purpose.

He urged government Ministries, Departments and Agencies (MDAs) to plan well in project implementation and adhere to set timelines to avoid low absorption funds.

Monitor Your Business Transaction

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Back to top button