Business Daily | by Edwin Mutai
The Treasury will float a third road bond of Sh75 billion by end of June, whose proceeds will be used to pay contractors and rehabilitate dilapidated network across the country.
The National Assembly has directed the Treasury to issue the bond by end of the current financial year to raise the money from private investors.
“The committee recommends an increase of Sh75 billion to the State department of Infrastructure to be financed through a road bond to be floated by the National Treasury…
