Kenya Seeks $750 mln Loan from the World Bank
“The proposed package under discussion with the World Bank aims at promoting sustainable, resilient, and inclusive growth,” Njuguna Ndung’u said in a speech at a World Bank event on Tuesday.
Kenya sought $1.0 billion from the World Bank through DPO5, the bank extended $750.0 million. In his own words, Treasury CS Prof. Njuguna Ndung'u pic.twitter.com/aVXPEZA8Gn
— Julians Amboko (@AmbokoJH) December 6, 2022
In June, Kenya received a $750 million loan from the World Bank to support its budget and help the country recover from the effects of the COVID-19 pandemic.