Tourism Stimulus Package Kenya

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Tourism stimulus package kenya. Poor response to tourism stimulus package worries state the coast region has recorded low applications where only sh1 5bn worth of applications have been received. The tourism finance corporation tfc has initiated talks with. The tourism finance corporation said despite the government allocating the lion s share of the sh3 billion tourism stimulus package meant for the coast region only a handful of them applied.

President kenyatta announces stimulus package to save economy amid pandemic wednesday march 25 2020 president uhuru kenyatta in a televised address from state house nairobi on march 25 2020. At the same time the tfc urged devolved units to incentivise tourism facilities within their counties as a way of keeping them open. The stimulus package 1 8 billions are located to stakeholders are the cost meaning the rest of the kenya received 1 2000000000 but we ve seen a very low as only 300000000 has been able to be given to various stakeholders at.

Hospitality industry players in the coastal region whose businesses were affected by covid 19 asked to reapply for the stimulus package. Kenya plans to spend 53 7 billion shillings 503 million on a stimulus package to support businesses that have been hit by the coronavirus pandemic according to the national treasury. Tourism principal secretary safina kwekwe has urged hoteliers to apply for the tourism economic stimulus fund.

Tourism stakeholders from kilifi and lamu counties during a sensitization meeting with turism trust fund on the economic stimulus package applications at ocean beach resort and spa tourism.