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Puzzle of Sh1.9 billion Kenya paid for undisbursed loans

Puzzle of Sh1.9 billion Kenya paid for undisbursed loans
Economy

Puzzle of Sh1.9 billion Kenya paid for undisbursed loans


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Controller of Budget Margaret Nyakang’o. FILE PHOTO | FRANCIS NDERITU | NMG

Kenyan taxpayers paid Sh1.89 billion as commitment fees for loans between July 2022 and September 2023 that have never been disbursed, Controller of Budget Margaret Nyakang’o has revealed.

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