People Daily | by Mercy Mwai
The government borrowed Sh2.7 billion every day between May 1 and August 30 this year, a new report has revealed.
In the report, the government took Sh322 billion loans with the repayment period for most of the loans set to commence in 2025 and will be paid in Euros.
A report from the National Treasury tabled before the National Assembly yesterday by Majority Leader Amos Kimunya, revealed that the loans have been contracted between the Kenyan government, commercial and multilateral creditors…
