Friday, June 10, 2011
Were the youth ably catered for in the budget?
During the 2011/2012 budget the finance minister Hon Uhuru Kenyatta highlighted the youth as being a key area of focus in the Kenyan economy.He credited the youth with pioneering innovations in the ICT sector that has given Kenya, an international recognition in the area of mobile technology, and for this reason he said the government will tap into this pool of resources to push the country's economy up the technology value chain.
To this end, we have scaled up the Kenya Youth Empowerment Project (KYEP) by Sh210 million to go towards labour-intensive works and social services, bringing the total expenditure for KYEP to Sh1.8 billion in 2011/12," he said.
The Minister also mentioned the challenge facing the youth in securing internships for prior experience when applying for formal employment, subsequently he said he will urge the private sector to avail opportunities to the youth to harness their potential.
"To address this challenge, he said his ministry will be consulting with private sector players on the best ways to extend tax breaks for firms offering internship and training placement for youth, training and passing on the relevant work experience and enhancing the employability of youth," he ensured.
Do you think the finance minister addressed the plight of the youth fully?
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