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Kenya: Kenya Airways to receive KES 20 billion from the government

Description

On 31 March 2022, the Kenyan Parliament approved the disbursement of KES 20 billion (around USD 160 million) for the bailout of Kenya Airways given the company's net loss in 2021 resulting, among othe...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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