The Treasury has paid the last instalment of a Sh1.9 billion loan the government of the late President Daniel Moi took to help with the reduction of population growth.
The payment made at the start of this month settles the $12 million (Sh1.9 billion at current exchange rates) that Kenya borrowed from the World Bank. The money was to be used for population control, especially family planning in rural areas, pointing to the country’s high fertility rate in the 1970s.
