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NEWS JUST IN: Kenya to Get 14 Billion Shillings 'Soft Loan' From Italy

The Italian President is in the country for a four day official state visit where he landed at the Jomo Kenyatta International Airport yesterday.

Picture courtesy. President William Ruto with President Mattarella at State House.

The Italian President was welcomed by the Foreign Affairs and Diaspora Cabinet Secretary Dr. Alfred Mutua and the Defense CS Aden Duale at the airport late in the evening.

This morning, the Kenyan President William Ruto welcomed the Italian counterpart at State House Nairobi where a guard of honor was mounted by the Kenya Defense Forces.

President William Ruto announced that the two countries stroke a deal to have the Kimwarer and Arror Dams revived.

This afternoon, according to the available reliable reports that we have with us from State House in Nairobi where the meeting between the two leaders has taken place, Kenya has all the reasons to smile.

This is because Italy has agreed to extend loans that amount to 14 Billion Kenya shillings which the country will not be under that much pressure to pay.

Italy will be advancing 14 Billion Kenya shillings to Kenya in grants as well as soft loans in the coming few years as per the reports that we have with us.

This money will be for projects related to agriculture, health as well as housing as per what the President of Italy, Sergio Mattarella has announced.

Let us know your thoughts and opinions on this latest development from State House in Nairobi where the two leaders have met in the comments section below this article.

Picture courtesy. Image from State House in Nairobi where the two Presidents have held talks aje agreed on key deals that will benefit both the nations.

Content created and supplied by: KimaniOsoro21 (via Opera News )

Diaspora Kenya Mattarella State House William Ruto


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