Minister Pushes for Debt Waiver

(5 users logged in)

Minister Pushes for Debt Waiver

Today's Headlines

December 2008
MTWThFSS
24 25 26 27 28 29 30

1

2 3 4 5 6 7
8 9 10 11 12 13 14
< Monday 1st  

The Nation (Nairobi)

April 21, 2008

News Article By Samwel Kumba

New Planning minister Wycliffe Oparanya has asked the country's development partners to cancel debts to assist in reconstruction after the January violence.

He said 30 per cent of Kenya's budget was used to service debts.

Mr Oparanya argued that, if the debts were cancelled, the country would not need donor cash to resettle internal refugees.

"I would like to discuss with the minister of Finance so that we can push for that agenda. Instead of donations at this moment, I would prefer cancellation of debts. We can then finance the other developments ourselves," he said.

The minister, who was taking over office from his predecessor, Mr Henry Obwocha, promised to involve more women in development,

He pledged to appoint more women to the Constituency Development Fund National Management Board.

Important step

Mr Oparanya described a decision to house CDF at his office as an important step, noting that the ministry's district development officers had been instrumental in the implementation of projects.

He was also upbeat about the ministry's preparedness to undertake the national population census next year likely to cost about Sh7 billion.

While taking cognisance of the effects of the mayhem on the economy, the minister expressed determination to pursue further growth.

However, Mr Obwocha warned of slow growth rate this year and asked Mr Oparanya to build on gains made in the past few years.

"We developed Vision 2030 and were able to undertake the African Peer Review Mechanism of the New Partnership for Africa's Development. I am confident Kenya will transform to an industrialised country," said Mr Obwocha.

Kenya's Ultimate Real Estate Guide
HOME
Related Content
 

Add PropertyKenya updates to My Yahoo!

Add PropertyKenya updates to your Google home page!

Add PropertyKenya updates to My MSN!


info (at) propertykenya.com
Copyright © 2002-09
PropertyKenya.
All Rights Reserved.
 
Legal Notices
Privacy Statement

Authentic Kenyan Real Estate

 

   Home |  Sitemap |  Search |  Listings |  Classified |  Editorial |  News |  Login |  Help   RSS News Feeds
Kenya's Premier Real Estate Guide Kenya - The true safari country
Hundreds of prime properties Real-time updates by Kenya's top realtors & property managers Free email alerts
Currency: KES