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NAIROBI — The World Bank Group Board of Directors approved a Development Policy Operation (DPO) for $1 billion to provide low-cost budget financing along with support to key policy and institutional reforms for Kenya’s near-term objectives of fiscal
The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa's economic powerhouse confronts high debts and a weakening currency.
World Bank approves 1 bln USD for Kenya's budget support-
World Bank approves 1 bln USD for Kenya's budget support-
Kenya Taps $1 Billion Support for Fiscal Consolidation Efforts and Other Key Policy Reforms