Innovative financing for healthcare development in Kenya

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Africa’s inadequate basic healthcare coverage has a significant impact on the continent’s economic growth. Improving the health of the citizens through increased access to health services is thus one of the pillars of development. In Kenya, the health budget falls short of the 15% required by the 2001 Abuja Declaration, despite a gradual improvement.

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Africa’s inadequate basic healthcare coverage has a significant impact on the continent’s economic growth. Improving the health of the citizens through increased access to health services is thus one of the pillars of development. In Kenya, the health budget falls short of the 15% required by the 2001 Abuja Declaration, despite a gradual improvement. The country therefore needs to adopt innovative financing mechanisms to develop the Universal Health Coverage (UHC) enshrined by the international community in 2015.

 

Given the strategic position occupied by the Kenyan private sector, public-private partnerships may represent an effective means to finance the UHC. The country could also implement targeted taxation to generate additional revenue. The thriving mobile money industry, as well as the tourism sector, would be ideal platforms for such taxation. However, in addition to these recommended measures, Kenya should be encouraged to call upon its very own innovative and entrepreneurial spirit to create more alternative revenue sources for the UHC.  

 

Read the whole article.

 

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Africa’s inadequate basic healthcare coverage has a significant impact on the continent’s economic growth. Improving the health of the citizens through increased access to health services is thus one of the pillars of development. In Kenya, the health budget falls short of the 15% required by the 2001 Abuja Declaration, despite a gradual improvement.

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Africa’s inadequate basic healthcare coverage has a significant impact on the continent’s economic growth. Improving the health of the citizens through increased access to health services is thus one of the pillars of development. In Kenya, the health budget falls short of the 15% required by the 2001 Abuja Declaration, despite a gradual improvement. The country therefore needs to adopt innovative financing mechanisms to develop the Universal Health Coverage (UHC) enshrined by the international community in 2015.

 

Given the strategic position occupied by the Kenyan private sector, public-private partnerships may represent an effective means to finance the UHC. The country could also implement targeted taxation to generate additional revenue. The thriving mobile money industry, as well as the tourism sector, would be ideal platforms for such taxation. However, in addition to these recommended measures, Kenya should be encouraged to call upon its very own innovative and entrepreneurial spirit to create more alternative revenue sources for the UHC.  

 

Read the whole article.

 

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Africa’s inadequate basic healthcare coverage has a significant impact on the continent’s economic growth. Improving the health of the citizens through increased access to health services is thus one of the pillars of development. In Kenya, the health budget falls short of the 15% required by the 2001 Abuja Declaration, despite a gradual improvement. The country therefore needs to adopt innovative financing mechanisms to develop the Universal Health Coverage (UHC) enshrined by the international community in 2015.

 

Given the strategic position occupied by the Kenyan private sector, public-private partnerships may represent an effective means to finance the UHC. The country could also implement targeted taxation to generate additional revenue. The thriving mobile money industry, as well as the tourism sector, would be ideal platforms for such taxation. However, in addition to these recommended measures, Kenya should be encouraged to call upon its very own innovative and entrepreneurial spirit to create more alternative revenue sources for the UHC.  

 

Read the whole article.

 

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