President Uhuru Kenyatta on Tuesday chaired a special cabinet meeting at State House, Nairobi.
In a statement seen by Kenyans.co.ke, the president is noted to have led the Cabinet Secretaries (CS) in deliberating issues with some being approved by the members.
The issues considered and approved included:
Policy Approval to Restructure the Aviation Sector
Cabinet approved the proposal for the National Treasury and the Ministry of Transport, Infracture, Housing and Urban Development to start the process of coming up with strategies on how best to restructure the aviation sector with a view to achieving the desired quantum.
The National Disaster Risk Management Policy
The cabinet also endorsed the National Disaster Rist Management Policy, which is benchmarked on the best practices in disaster risk management.
Additionally, it lays down the strategies for ensuring the Government commits itself to the enhancement of research in disasters and formulation of risk reduction strategies.
[caption caption="File image of President Uhuru Kenyatta chairing a past cabinet meeting"]
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The Public Finance Management (National Drought Emergency Fund) Regulations, 2018.
The Cabinet further allowed the Proposed Public Finance Management (Sports ports, Arts and Social Development Fund) Regulations 2018, which are meant to guide the operations of the Sports, Arts and Social Development Fund.
The principal objective of the Fund is to provide a sustainable financing to sportspersons, artists and cultural practitioners.
The Proposed Write-off and Restructuring of Principal and Waiver of Accrued Interest Relating to Non-performing Loans
The meeting also validated the proposal following the National Treasury having analysed loans previously given to various public entities.
It, therefore, recommended a write-off of principal loans totalling to Kshs 2.9 billion; restructuring/rescheduling of principal loans amounting to Kshs 764.3 million and conversion to grants of principal loans totalling to Kshs 268.2 million.
The Joint National Mapping and Resource Mapping Using Multi-Agency Approach (JNAM)
Cabinet Secretaries also supported the Joint National Mapping and Resource Mapping using Multi-Agency Approach to enable the provision of secure up-to-date geospatial data at a minimum cost that would be shared across a wide range of functions within government for planning and development purposes.
The Public Finance Management (National Drought Emergency Fund) Regulations, 2018
Finally, the Cabinet backed the National Drought Emergency Fund Regulations, which are meant to guide the operations of the National Drought Emergency Fund.
The Fund is to be established for the purpose of improving the effectiveness and efficiency of drought risk management systems in the country.
It is also intended to provide a common basket of emergency funds for drought risk management.
[caption caption="File image of President Uhuru Kenyatta chairing a past Cabinet meeting"]
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