Measures enforced to lower interest rates – Rotich

June 25, 2014
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, The move comes as the government receives Sh175 billion from the successful Eurobond which will be used for infrastructure projects in energy, transport and agriculture.

The key infrastructure projects includes building of transmission lines, drilling of geothermal energy, construction of the urban commuter railway, the Galana-Kulalu irrigation project as well as roads.

The money will also be used for the repayment of Sh52.4 billion syndicated loan incurred in the 2011-2012 financial year that matures in August 2014.

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