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China to release initial funding for railway project
Treasury secretary Henry Rotich at the Medium Expenditure Framework Budget public sector hearings in Nairobi December 9, 2014. PHOTO | SALATON NJAU |
The Treasury expects to receive the first tranche of cash from China for the construction of the standard gauge railway (SGR) this week as the government accelerates implementation of the Sh327 billion flagship project.
Treasury secretary Henry Rotich, however, did not disclose the amount of money to be received, but said the government had met all requirements for the cash to be released.
