Treasury Unveils Ksh 113 billion Bailout Plan for Kenya Airways

Financially battered Kenya Airways will get government support to survive the coronavirus pandemic and remain afloat. Treasury Secretary Ukur Yatani plans were revealed through the International Monetary Fund report published Thursday. “The authorities are developing plans to restructure Kenya Airways and anticipate providing significant financial support over the medium term,” the IMF said. “Much of … Continue reading Treasury Unveils Ksh 113 billion Bailout Plan for Kenya Airways