Treasury told to pay Sh6.7 billion KCB loan

A KCB branch in Gikomba Market in Nairobi on Thursday, November 12, 2020. PHOTO | DENNIS ONSONGO | NMG

The Treasury has been asked to release funds for settling a Sh6.7 billion KCB #ticker:KCB loan which was used to purchase subsidised fertiliser.

The State Department for Crop Development and Agricultural Research told Parliament last week that the interest on the loan continues to accrue at a penalty rate of 22.5 percent.

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