×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

IMF identifies 51 projects to benefit from Eurobond

International Monetary Fund (IMF) Managing Director Kristalina Georgieva (AP Photo/Jose Luis Magana)

The International Monetary Fund (IMF) has identified 51 projects where Kenya will be expected to invest a Sh248 billion Eurobond loan.

In what are steps clearly aimed at preventing a repeat of the opaque spending of the previous Eurobond loan, the government will be required to spend the money on high-yielding projects aimed at spurring growth and reducing poverty.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902