×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

How Lapsset projects can repay loans

President Uhuru Kenyatta’s declaration last week that “no new project should be launched without his express authority” comes at a time the country’s debt service obligations are rated the second-highest in Africa, after Ethiopia.

The expectation is that this will create the necessary momentum for the completion of stalled projects which the International Monetary Fund estimate would cost the public purse Sh1.1 trillion to complete.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
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