World Bank statement on Kazi kwa Vijana

Shares

The World Bank would like to share the following facts about the Kenya Youth Empowerment Project (KYEP) it finances:

The objective of KYEP is to support efforts of the Government of Kenya to increase access to youth-targeted temporary employment programs and to improve youth employability. The project has three components: labor-intensive works and social services (US$43 million), coordinated by the Office of the Prime Minister (OPM); private sector internships and training (US$15.5 million), managed by the Kenya Private Sector Alliance (KEPSA); and capacity-building and policy development (US$1.5 million), implemented by the Ministry of Youth and Sports.

The KYEP became effective on August 18, 2010. The first disbursement to the Government for Component 1, in the amount of US$9.3 million, took place on February 7, 2011.

This was subsequently allocated to six implementing line ministries to undertake public works for youth: the Ministry of Water and Irrigation, the Ministry of Regional Development Authorities, the Ministry of Roads, Ministry of Forestry and Wildlife, the Ministry of Environment and Mineral Resources, and the Ministry of Local Government, as well as to the Office of the Prime Minister (OPM) to coordinate and monitor project activities.

In June 2011, the World Bank initiated a Financial Management Review of the KYEP. This is a standard exercise undertaken for all World Bank-financed projects during implementation. The working draft of the Financial Management Review stated that transactions totaling Ksh 33,061,925 required further validation or clarification from the Government to determine whether they were eligible to be paid out of KYEP funds.
The World Bank will continue to work with OPM to review these transactions in the coming days, with a view to determining definitively whether they are or are not eligible for KYEP financing.

Meanwhile, the Government let the World Bank know on October 11 that it wished to cancel Component 1 of KYEP and reorient the resources to other activities aiming to raise youth employment in Kenya.

The remaining KYEP components, including support to the Kenya Private Sector Alliance (KEPSA) and to the Ministry of Youth and Sports, will continue, and performance to date under these components has been satisfactory.

Shares
  • michael

    so where is the story of RAO stole 900m coming from?

  • Anonymous

    Dr Bonny Khalwale and your team of political green horns before you rush to summon the PM to appear before your committee which incidentally relied on the media, which has blown this issue out of proportion, read this article and also go to the World bank website and get the raw statement.

  • Shadow

    What was all the brouhaha about? Kwanza they talked of 4 billion  halafu 900 million  now ati 33 million???? Halafu that juvenile guy at k24 is prompting all his guests appearing on ”Capital Talk” to tell the Prime Minister to resign….hehehehe Thats not how to fight corruption!!!!

  • Ochiengt

    Jeff Koinange is letting down the K24 station he is acting and behaving like a hired goon,no wonder he was chucked from CNN,we know he hates the Prime minister but he should understand that Raila is the Prime minister of Kenya and is not the person who took his cousin Uhuru to Hague.

  • Abingoben Macommunityhp

    Where is the money lost? Kenyans are just sick with tribal politics

  • Pratt

    This statement is fake and was written by someone’s “flowergal” at the Bank’s Nairobi office. Can anyone tell us its true author and genuine position of the bank? 

Hit enter to search or ESC to close