World Bank Intervenes Amid Concerns Over Delayed Ksh25,000 Payout to Youths
The World Bank's intervention comes amid growing concerns by several youths over the delayed disbursement of Ksh25,000 to them as promised by Ruto's administration...
✨ Key Highlights
The World Bank met with officials from Kenya's National Youth Opportunities Towards Advancement (NYOTA) Project to review its progress and address challenges, particularly concerns over delayed Ksh25,000 payments to beneficiaries.
- The project aims to disburse Ksh25,000 grants to over 122,000 youth.
- Key players included the World Bank, the NYOTA Fund manager Augustine Mayabi, and the Co-operatives Ministry, represented by Principal Secretary Susan Mang'eni.
- Delays in the second tranche of payments were attributed by the government to budgetary constraints, with a promise of disbursement by June 30, 2026.
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World Bank Intervenes Amid Concerns Over Delayed Ksh25,000 Payout to Youths - June 2026
The World Bank met with officials from Kenya's National Youth Opportunities Towards Advancement (NYOTA) Project to review its progress and address challenges, particularly concerns over delayed Ksh25,000 payments to beneficiaries. Meanwhile, the Central Organisation of Trade Unions (COTU) insists that enhanced National Social Security Fund (NSSF) deductions remain valid despite ongoing legal uncertainties surrounding the NSSF Act, 2013. The Auditor-General has also identified significant revenue shortfalls in the Affordable Housing Levy collection, with the Kenya Revenue Authority (KRA) failing to onboard all eligible taxpayers.
