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Homa Bay MCAs reject motion to establish regional bank

County was to spend Sh200 million in setting up the bank. [File, Standard]

Members of the County Assembly yesterday threw out a motion to allow the county government to spend Sh200 million to establish a bank.

Governors from the 13 counties that make up the Lake Region Economic Bloc had resolved to contribute Sh200 million each towards establishing a regional bank, subject to approval by their respective assemblies.

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