×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Treasury denies Kenya defaulted on SGR loans

Treasury Cabinet Secretary Ukur Yatani. [Wilberforce Okwiri, Standard]

The National Treasury has denied that Kenya was recently fined Sh1.3 billion by China for allegedly defaulting on Standard Gauge Railway (SGR) loans.

In a Thursday statement signed by Treasury Cabinet Secretary (CS) Ukur Yatani, the government said it prioritises debt settlement upon collection of taxes.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in