The World Bank's board votes on June 26 on a $750 million loan for Kenya, cheap budget money tied to reforms in public finance, markets and climate.
KENYA · ECONOMY
Key Facts
—The loan: The World Bank’s board is due to vote on 26 June on a $750 million (KSh97.11 billion) loan for Kenya.
—The type: It is budget support, cash that flows straight to the treasury rather than to a single project.
—The strings: The money is tied to reforms in public finance, market competition and climate action.
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