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Yatani disbands food reserve fund in ongoing reforms

National Treasury Cabinet Secretary Ukur Yatani launches the Economic Survey 2020 at Treasury Building, in Nairobi, on April 28, 2020. PHOTO | EVANS HABIL | NATION MEDIA GROUP

What you need to know:

  • CS revokes appointment of all board members a month after agency was placed under NCPB.
  • Agriculture CS Peter Munya had said the merger will resolve administrative and financial conflicts between the two State agencies and save money.
  • The government, he said, had been losing Sh2 billion annually in bureaucratic conflicts between the two agencies.

Treasury Cabinet Secretary (CS) Ukur Yatani has formally disbanded the Strategic Food Reserve Trust Fund (SFRTF) board in ongoing reforms in the agriculture sector to enhance food security.

The CS, in a Kenya Gazette notice dated June 17, 2020, revoked the appointment of all board members, a month after the agency was placed under the National Cereals and Produce Board (NCPB) as a department.