Stimulus package good for business confidence

Treasury Cabinet Secretary Ukur Yatani in his office in Nairobi last Monday. PHOTO | DENNIS ONSONGO

A month on from the first round fiscal interventions to cushion the economy from hardships brought about by the Covid-19 pandemic, President Uhuru Kenyatta pronounced himself over a new rescue package as the government shores up its support to the economy.

While Kenya’s ability is limited compared to our advanced peers, the Sh53.7 billion or an equivalent 0.6 percent of gross domestic product is progressive and will revive dipping business confidence.

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Note: The results are not exact but very close to the actual.