Government Support Measures Policy 2018

Abstract

This Policy Statement declares the Government of Kenya’s practice and stance on the conditions under which Government may make various supports available to implementers of public projects, in order for such investments to be more secure and bankable. In Section 1, this Policy declares the objectives and rationales for its issuance. In Section 2, it identifies the 11 main problems with the current practice, and charts a historical outlook on the evolution of Government Support Measures. In Section 3, the current legal and institutional framework is reviewed, in a situational analysis that establishes the current practice is sub-optimal, and needs to be improved. In Section 4, the 10 main policy directions by way of policy statements are set out, covering the entire value chain of a Government Support Measure. In Section 5, the legal and institutional implications of this new policy framework are set out.