Home
Storia in 1 fonti
State cuts roads bond target to Sh120 billion
Proceeds from the bond will settle a portion of an estimated Sh175 billion in bank loans, which helped clear historical road sector pending bills up to December 2024.
Raccontata da
businessdailyafrica.com
Timeline cronologica
- ·
State cuts roads bond target to Sh120 billion
Proceeds from the bond will settle a portion of an estimated Sh175 billion in bank loans, which helped clear historical road sector pending bills up to December 2024.
- ·
Ruto ends Uhuru-era Sh362bn roads project in shift to bond financing
The Roads Annuity Programme was approved by Cabinet in March 2015 and planned for the upgrade of up to 10,000 kilometres of road.