Treasury on the spot over idle Sh9.7bn in second Covid fund

Business Daily | by Edwin Mutai

The Treasury is on the spot for holding onto Sh9.7 billion meant to fight the Covid-19 pandemic even as Kenyans brace for a new spike in infections, a State audit show.

Auditor-General Nancy Gathungu says the Treasury has not utilised a coin from the Sh9.7 billion accumulated under the Kenya Covid-19 Emergency Response Fund that was set up two years ago.

The Fund was created at the high of the pandemic in March 2020 following the detection of the first case to alleviate the effects of Covid-19…

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