This report coming from Business Daily, a Kenyan business publication, shows that drawbacks from funding would affect infrastructural projects the most.
At least 19 significant projects in Kenya have been impacted by changes in government expenditure, with foreign lenders cutting financing for the fiscal year ending June by at least Sh66.8 billion.
The China Exim Bank, for example, has docked the Kamburu-Embu-Thika Transmission Line Sh4.5 billion, one of the steepest cutbacks.
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