Our credit policy has failed SMEsThe government should not be surprised that commercial banks have failed to deliver on their promise of keeping their vaults open for businesses to borrow. This is because the banks, like any other financial institution or entrepreneur, are averse to taking risks when a country is going through a crisis. And the coronavirus outbreak has been described as the biggest health and economic crisis that has hit the world since the World War II. Frozen new creditFor More of This and Other Stories, Grab Your Copy of the Standard Newspaper. SEE ALSO: KenGen, KQ increase publicly guaranteed debt by Sh20 billionDo not miss out on the latest news.

Source: Standard Digital April 15, 2020 05:59 UTC