Treasury settles Sh2.7 bn extra Kenya Airways debt

KQ

A Kenya Airways plane at the Jomo Kenyatta International Airport. FILE PHOTO | LUCY WANJIRU | NMG

The National Treasury has paid a further Sh2.7 billion in Kenya Airways (KQ) guaranteed debt in the three months to the end of September after inheriting the burden from the national carrier.

The repayments in the quarter include Sh2.37 billion for principal repayments and Sh351.29 million for interest payments, according to data from the Controller of Budget (COB).

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