State to offer Sh7bn loans in private schools bailout plan - News Summed Up

State to offer Sh7bn loans in private schools bailout plan


Some private schools have shut down due to the prolonged closure and after parents refused to pay school fees. This follows concerns that many private schools could close permanently due to the effects of Coronavirus. On concerns that private institutions are closing down, the CS said public schools have the capacity to accommodate those who will be affected. Some private schools have shut down due to the prolonged closure and after parents refused to pay school fees. But Prof Magoha said the Ministry of Education said Sh7 billion concessionary loans would be available to private school owners who qualify for it.


Source: Daily Nation August 10, 2020 05:01 UTC



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