How Kenya Took U.S.$42 Million Loans Daily for 3 Months - Report

With a worst-case scenario of hundreds of thousands dead and millions infected by the end of the year, the National Treasury reportedly kept its foot firmly on the borrowing gas pedal - signing up for billions from global lenders, including the World Bank. With the curve flattening way earlier than predicted at levels far lower than had been projected, the country is now emerging on the other end of the coronavirus crisis, counting the cost of the pandemic with a mountain of debt and millions of job losses. Governors have resolved to procure medical supplies from other sources other than the government drug supplies agency - Kenya Medical Supplies Authority - which is under probe by over its procurement of Covid-19 supplies with accusations of procurement rules being flouted.


Health workers take samples for Covid-19 tests from hotel workers in Nyeri town (file photo).

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