Kenya to receive $750m World Bank’s loan

Kenya will in the next two weeks receive a loan of $750 million from the World Bank that was approved in 2019, the country’s central bank governor Patrick Njoroge said.
The funds will be used to support the budget as the government scrambles to secure cash from abroad to fill deficit gaps.
In May 2019, the World Bank approved the $750 million credit from International Development Association, the World Bank arm that helps the world’s poorest countries to support reforms in agriculture, housing, digital technology and fiscal management……TO CONTINUE READING CLICK ON

Leave a Reply