World Bank approves KSh 75 billion loan to Kenya despite warning from CBK boss

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Treasury boss Henry. for a KSh 75 billion loan in the name of Inclusive Growth and fiscal management development policy financing. The World Bank, the paper reported, was expected to make a.

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Rotich dismissed reports the country was staring at a debt crisis owing to the government’s huge appetite for loans and disagreed with CBK governor Patrick. spoke to KTN after the World Bank on May.

This comes a few months after the World Bank also approved Ksh.18 billion to support the energy sector in Kenya. The loan guarantee will be used to mobilize private sector financing to strengthen the financial position of Kenya Electricity Generation Company Limited (KenGen).

World Bank grants Kenya another Ksh.75 billion loan 2145, May 29, 2019 (EAT) The World Bank has approved a Ksh.75 billion loan to Kenya for budgetary support. This is the first time in years the.