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Economy

Elderly people get Sh1bn for basic items

This year’s cash stipend for the elderly has been launched and up to 105,000 people are expected to benefit across the country.

The Older Persons Cash Transfer Programme is a Sh2,000 bi-monthly fund set up in 2007 by the State to boost their spending power. They are paid through the Postal Corporation of Kenya (Posta).

Labour secretary Kazungu Kambi said the initiative would reduce poverty.

“Today we have disbursed Sh1 billion to directly help elderly persons put food on the table and meet the basic necessities,” said Mr Kambi.