Thread by @KAM_Kenya

Stephen Odua, @IndustryKE Director for Private Sector Development acknowledged that #COVID19 has impacted the private sector, saying - Government recognizes that the virus has morphed into an economic crisis.

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Stephen Odua, @IndustryKE Director for Private Sector Development - Measures to contain its spread have had far-reaching ramifications on the way of doing businesses. It has revealed the need to shorten our supply chains and the dangers of over-reliance on imports.

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Stephen Odua, @IndustryKE Director for Private Sector Development - An economic rebound will be supported by a strong strategy. We have recognized sectors that have thrived during this difficult time and shall continue to support them.

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Stephen Odua, @IndustryKE Director for Private Sector Development - We aim to make Kenya competitive by making the right incentive frameworks to drive investments. This, coupled with strong agencies delivering their mandate, will ensure sustained economic growth.

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Stephen Odua, @IndustryKE Director for Private Sector Development - For SMEs, we continue to offer them capacity building services. The Credit Guarantee Scheme will enable them to recover from the economic impact of the virus.

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Stephen Odua, @IndustryKE Director for Private Sector Development - I appreciate the private sector, specifically Business Membership Organizations (BMOs) for working with us to navigate the crisis.

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