After
receiving overwhelming requests about the status of the scheme which was
brought to the limelight by SRC almost 10 months ago, here are some updates.
The
latest on the Civil Servants Car Loan and Mortgage loan is that the Kshs. 1 billion has been released by the Treasury to fund the scheme. Alongside the release of the funds are guidelines on setting up of a staff that will oversee the scheme. The application guidelines are not yet out but please be on the look out.
This latest development is good news as it provides some source of hope for the implementation of the SRC's salary increment proposal for civil servants.
Take note that the loan is provided on a first-come first-served basis.