By
Kepha Muiruri
Business Reporter
Nation Media Group
Kenya’s request for an estimated Sh77.5billion ($600million) emergency loan from the World Bank has been delayed due to the lack of detailed spending plans, the multilateral lender has revealed.
Kenya requested the financing in April to help it manage economic shocks triggered by the US-Israel war on Iran, which exploded at the end of February.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Kenya’s request for an estimated Sh77.5billion ($600million) emergency loan from the World Bank has been delayed due to the lack of detailed spending plans, the multilateral lender has revealed.

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