Kenya: Govt Seeks Ksh65 Billion Loan From Japan for Key Projects

The government has renewed talks to acquire a Ksh65 billion loan facility from the government of Japan as President William Ruto’s administration seeks to plug deficits in its budget.

Treasury Principal Secretary Chris Kiptoo on Tuesday, October 22, held a meeting with a Japanese delegation on the sidelines of the World Bank Group-IMF Summit in Washington DC, the United States. The discussions centered around the government’s intention to float the Samurai bond, a Japanese-dominated…