Hard truths.
The clarification comes after days of public anxiety sparked by reports alleging that the government planned to tap into more than Sh1 trillion held in SACCO deposits to bankroll infrastructure projects through...
CBK described the initiative as a major milestone in the development of Kenya’s financial markets and a step towards deeper integration with the global financial system
According to the statement, Kenyans currently pay Sh25 per litre through the Road Maintenance Levy Fund, with part of the money already committed to infrastructure financing deals.