14th November, 2016
The fate of foreign funded projects may be hanging in the balance as countries re-align their foreign policy. According to treasury’s head of resource mobilization Jackson Kinyanjui in an interview with KTN’s Aby Agina notes that, Kenya is set to experience significant rise in foreign direct investments as opposed to foreign aid moving forward. This comes on the back of the election of Donald Trump as us president who has hinted at cutting back on aid as well as the shifting dynamics within the united kingdom which voted to exit the European Union.