Kenya must implement more than 10 governance, procurement and climate reforms to unlock the next tranche of World Bank budget support.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The World Bank has set more than 10 conditions to unlock a new round of funding for Kenya, including the disclosure of the personal interests of public officials and the publication of regulations to restrict unsolicited public-private partnership (PPP) deals, such as the flopped proposal by the Adani Group to upgrade the Jomo Kenyatta International Airport (JKIA).
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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,…
The World Bank said on Tuesday that it had approved a $750 million budget support loan for Kenya and a sustainability-linked…
Kenya has received more financial assistance from the World Bank to relieve strain on its public finances, decrease borrowing…
The World Bank has approved a $750 million (Sh97.1 billion) loan to Kenya to support budget financing and reforms, offering…
Every loan agreement, including bilateral infrastructure deals and Eurobonds, must be laid before Parliament and the public.
Kenya has lacked IMF support since March 2025, when the fund terminated a standing arrangement.
