The value of government loans to State corporations has crossed the Sh1 trillion mark despite the persistently low pace of repayments that have led to write-offs in some instances.
The Treasury data shows the amounts lent out to firms such as Kenya Railways Corporation and Kenya Electricity Generating Company (KenGen) hit Sh1.089 trillion at the end of last June, up by Sh121.7 billion from Sh967.3 billion a year earlier.
