Ruto borrowed Sh258.4 billion in three months

President William Ruto during the launch of Lumumba estate Affordable Housing project in Kisumu. [File, Standard]

The Kenya Kwanza administration took 11 loans worth Sh258.4 billion between May and August 2024 to finance various projects, it has emerged.

A report tabled by the Treasury before the National Assembly shows the loans were obtained from both multilateral and bilateral lenders.