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US Reveals Kenya's Latest Secret Loan, Raising Concern From The Netizens

The rate at which the government of Kenya is accumulating its loans its alarming. Ever since the outbreak of the Corona virus in the world, Kenya has been seen getting loans from different support systems to help in the preparation of the facilities and equipments that might be needed incase the cases increased in the near future.According to the national treasury, Kenya borrows to settle their depts thus leading to no growth in the country's economy. In 2020 the government contracted new external loans of 1.87 trillion kenya shillings between February 2017 to August 2020.Earlier today, Kenyans got a surprising news after the United States opened up about the 1.39 billion Kenya shillings dept from Belarusian and Canadian companies, a loan which was taken for the purpose of upgrading the hospitals in the counties and building mobile clinics in fear of the rising number patients with cases of the virus. This deal was sealed on June last year.According to citizens, the government should help in reducing the rate of which they get loans from different sources, and come up with ways on how to grow as a country. Below are some of the comments from the netizens.

Content created and supplied by: AidaMukachi (via Opera News )

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