State borrows Sh6.4bn from Korea for BRT

thika road super highway


Nation | by Edwin Mutai


The government has borrowed Sh6.4 billion from South Korea to finance the Bus Rapid Transport (BRT) project.

The government moved to the Korean Export and Import Bank to seek the long-term loan which taxpayers will service to January 29, 2061. The Treasury signed the Sh6,365,150,000 loans at an exchange rate of Sh107.85…

Read more…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here