Revealed; Kenya to borrow another 780Billion in Eurobonds.
As many Kenyans continue to sign the anti-IMF loan petition inorder to cancel the loan that Kenya had applied , it has again been revealed that Kenya is planning to borrow another cash 780 Billion in Eurobonds.
It is yet unknown the reason behind the decision of borrowing more money. Also it is yet to be revealed how the money to be borrowed will be used.
Considering the IMF loan applied is to be used to pay some other debts and also curbing of the virus in Kenya, Kenyans are left wondering how this amount will be accounted for.
What’s your take care on this borrowing issue?
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