State seeks to raise Sh40b in new bond issue

A Standard Gauge Railway (SGR) Cargo train loaded with exclusive Maersk containers leaves the port of Mombasa on Frida,018th ma,2018.These cargo being destined for ICD Nairobi are among those being handled by the Port of Mombasa.[Maarufu Mohamed,Standard]

The Government is trawling the debt market again for long-term and short-term loans, as it seeks to raise Sh40 billion to plug the budget deficit.