{"id":2282,"date":"2024-03-05T07:16:21","date_gmt":"2024-03-05T07:16:21","guid":{"rendered":"https:\/\/tandaomedia.co.ke\/?p=2282"},"modified":"2024-03-05T07:16:24","modified_gmt":"2024-03-05T07:16:24","slug":"treasury-report-borrowed-loans","status":"publish","type":"post","link":"https:\/\/tandaomedia.co.ke\/index.php\/2024\/03\/05\/treasury-report-borrowed-loans\/","title":{"rendered":"Treasury Report; Borrowed loans."},"content":{"rendered":"\n<p><strong><em>BRIAN MANG&#8217;OLI<\/em><\/strong><\/p>\n\n\n\n<p>A report from the treasury to parliament\u00a0shows that the government borrowed 223.5B in 5 months for financing various projects\u00a0 between september 2023 and january 2024. <\/p>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"945\" height=\"630\" src=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/03\/image-8.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/03\/image-8.png 945w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/03\/image-8-300x200.png 300w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/03\/image-8-768x512.png 768w\" sizes=\"auto, (max-width: 945px) 100vw, 945px\" \/><\/figure>\n\n\n<p>The bulk of loans were\u00a0borrowed from multilaterals\u00a0and another from a commercial lender and kenya is expected to have cleared all the loans by 2053. <\/p>\n\n\n\n<p>A report from the treasury to parliament\u00a0shows that the government borrowed 223.5B in 5 months for financing various projects\u00a0 between september 2023 and january 2024. The bulk of loans were\u00a0borrowed from multilaterals\u00a0and another from a commercial lender and kenya is expected to have cleared all the loans by 2053.<\/p>\n\n\n\n<p>The (IDA) international development association and the government of\u00a0kenya signed a loan of 5.8B the loans were also intense to support kenya&#8217;s north eastern province in achieving\u00a0its full socioeconomic\u00a0potential and creating new job opportunities\u00a0 brought about by new transformation.<\/p>\n\n\n\n<p>The IDA also advanced the government of kenya under thekenya and urban support program into loans which were marked to improve\u00a0service delivery and resettle\u00a0refugees and the loan is expected to be paid in Euros by october 2034.<\/p>\n\n\n\n<p>The\u00a0 back loan was borrowed\u00a0under the kenya green resilient loan\u00a0 intended to strengthen financial standings and expand access\u00a0to electricity countrywide. The loan were advanced by the IDA expected to be paid in Euros April 2053<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BRIAN MANG&#8217;OLI A report from the treasury to parliament\u00a0shows that the government borrowed 223.5B in 5 months for<\/p>\n","protected":false},"author":3,"featured_media":2283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[6],"tags":[],"class_list":["post-2282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Treasury Report; 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