Home National Treasury earmarks Sh3b for disaster management

Treasury earmarks Sh3b for disaster management

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The Standard | by Frankline Sunday

The State has mooted a disaster management fund that will be used to prepare and cushion the country against disasters.

The National Treasury yesterday unveiled the Public Finance Management (Standing Disaster Management Fund) Regulations 2020 that will create a multi-billion shilling fund to cater for humanitarian, economic and environmental disasters.

“The fund shall facilitate disaster preparedness, mitigation, response and recovery, and provide a common basket for disaster fund to facilitate faster, transparent, predictable and accountable disbursement of funds for disaster management…

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