NRFA in K2.6 billion boost for road infrastructure


THE National Road Fund Agency (NRFA) received a total of K2.6 billion from the Ministry of Finance and National Planning as part of project budget support for the financing of road projects and related activities across the country in the first quarter of 2024.

NRFA Public Relations Manager Alphonsius Hamachila says out of the released funds, K 2.5 billion was disbursed for road projects and related activities with over  K1.1 billion going towards servicing of Road Sector loans.

Mr Hamachila said the rest of the money had been channeled towards on- going road projects and the dismantling arrears owed to Road contractors and consultants CLICK TO READ MORE


Related Articles

Back to top button