Home NEWS Local News Cabinet approves additional Ksh4B for coffee farmers

Cabinet approves additional Ksh4B for coffee farmers

The Cabinet has approved an additional Ksh 4 Billion for coffee farmers.

This means farmers will now earn Sh80 a kilogramme of cherry from the current Sh20 a kilogramme as an advance payment.

Channel 1

The funds were additional to the Ksh 3 billion released earlier. The Government will also deliberately search for better markets for farmers by inviting world renown coffee dealers.

This will reenergise the Nairobi Coffee Exchange, which has witnessed depressed prices and low sale volumes at the auction.

The Cabinet also approved the Supplementary Budget, which contains 10 per cent cuts from ministries.

It follows the move by the Government to rationalise its budget — by cutting down unnecessary expenditures such as foreign travel — by more than Ksh 71 billion.

As part of the Multinational Security Support Mission pursuant to UN Security Council Resolution, the Cabinet ratified the deployment of the National Police Service to Haiti as sanctioned by the National Security Council.

The Resolution of the National Security Council on the proposed deployment has been submitted for approval by Parliament, pursuant to Article 240 of the Constitution.

The meeting chaired by President William Ruto further authorised Sh16.6 billion for electricity transmission infrastructure projects.

This investment in the new construction lines will enhance quality and reliable power supply in the country.

They include Narok-Bomet, Malindi-Weru and Kabarnet-Rumuruti lines.

Adesh Macan
+ posts
kiico