SGR loan payments to triple to Sh83bn next year

Loan repayments to China will more than triple from July next year as the five-year grace period that Beijing extended to Kenya in May 2014 for the standard gauge railway (SGR) funds comes to an end, Treasury data shows. Nairobi will pay Chinese State-owned lenders nearly Sh82.85 billion in the year starting July next year from Sh26.61 billion in the current year ending June, and Sh36.24 billion the following year from July.

https://www.businessdailyafrica.com/news/SGR-loan-payments-to-triple-to-Sh83bn-next-year/539546-4548046-11f8wt4z/index.html

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