It's Me Scumbag
Elder Lister
@Ngimanene na Muchere nimeskia ukisema haulipi na hautalipa. You world is just about to explode.
www.businessdailyafrica.com
@mkurugenzi come and tell him it is the cost of inflated economy development.
- Beijing is projected to lend Kenya Sh29.46 billion for the fiscal year 2022/23, a sharp cutback from Sh140.03 billion in the 2015/16 budget.
- That marks the second year in a row that China will trail Japan in bilateral loans, having committed Sh21.25 billion in the current year ending June against Tokyo’s Sh36.49 billion, according to the Treasury’s budget books.
- China, however, remains the biggest bilateral creditor by far due to big-ticket deals it has inked with Kenya in the last decade to fund and build mega infrastructure projects such as roads and a modern railway.

Japan overtakes China in fresh Kenya loans race
The Treasury has in the budget estimates for the financial year starting July listed Japan as the largest source of bilateral loans and grants.

@mkurugenzi come and tell him it is the cost of inflated economy development.
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