Treasury to end Kenya Airways bailouts by December

A fleet of Kenya Airways planes at Jomo Kenyatta International Airport in this photo taken on July 15, 2020. PHOTO | JEFF ANGOTE | NMG

The government is pledging to develop a financing plan that will see it stop using taxpayers’ money to support the operations of the loss-making Kenya Airways (KQ) by the end of December 2023.

National Treasury has disclosed the plan, without giving details, in the draft 2023 Budget Policy Statement released Wednesday evening.

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