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Prime
Hustler Fund budget Sh10bn ahead of private sector entry
President William Ruto and Prime Cabinet Secretary Musalia Mudavadi during the launch of the Hustler Fund at Green Park Terminus, Nairobi. FILE PHOTO | NMG
The budget for the Hustler Fund has been capped at a fifth of the funds initially planned for the year starting July, a pointer that the financial inclusion fund will need heavy private sector participation in the near term.
The State Department of Micro, Small and Medium Enterprise (MSMEs) Development has disclosed an allocation of Sh10 billion against the Sh50 billion requirement for the period, which will mark President William Ruto’s first full-year expenditure plan.
