Counties can borrow from banks, Deputy President William Ruto says

NAIROBI: Once the necessary laws are in place, counties will be able to take loans from commercial banks to supplement their budgets, Deputy President William Ruto has said.

The DP, who was speaking after chairing an extra ordinary session of the Intergovernmental Budget and Economic Council at his Karen office, however, said that this would only be possible after Parliament makes amendments that will state how much respective counties can borrow.