Mbaru eyes Sh160bn agricultural lender

Mr Jimnah Mbaru during a past interview at his Nairobi office. PHOTO | DIANA NGILA | NMG

Kenya should set up an agricultural development bank to be financed through pension funds and government-provided capital to spur productivity in the sector.

The Treasury should provide at least Sh100 billion to the bank while a change in the regulations of pension funds to allocate at least five per cent of assets to agriculture would add another Sh60 billion to the sector.

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