EDITORIAL: Build robust Covid plan
Tuesday, June 23, 2020 0:01
By EDITORIAL
Most of the banks that restructured their loans also pegged the relief to 90 days.
FILE PHOTO | NMG
At 100 days since Kenya reported its first case of coronavirus disease, the country has reached a critical time considering that some of the relief packages that targeted cushioning the public from related disruptions and economic shocks are lapsing.
Again, most of the banks that restructured their loans also pegged the relief to 90 days, which will soon end.
Based on these, the government ought to return to the drawing board on economic activities and deliver a more robust rescue plan, taking into account the reality that controlling the disease and its economic effects will take longer than initially projected.
While the country responded well in the first phase of the pandemic, there is a need to reassure people and businesses that there is a deliberate effort to reduce the pain associated with the disruptions.
