Treasury Explains Move to Drop Local Banks for World Bank & IMF Loans
Kenya is set to receive over Ksh2.4 trillion from the IMF and World Bank.
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Kenya is set to receive over Ksh2.4 trillion from the IMF and World Bank.
Wednesday, November 22, 2023 – In a surprising policy shift, President William Ruto has now ditched local banks for World Bank and International Monetary Fund (IMF) loans. This is after vowing never to go for international lenders who give loans with many strings attached. Ruto, through the National Treasury, detailed strategies Kenya will use in seeking external…
Monday, November 13, 2023 – Even before Kenyans come to terms with the recent fee increase for IDs, birth, and marriage certificates, the government of President William Ruto has struck once again. This is after the Ministry of Lands proposed new changes that would increase land transaction fees, which could hit Kenyans who are already ravaged…
While explaining the Ksh13.9 million fine, KeNHA officials noted that the vehicle had damaged Mombasa Road.
NHIF cautioned Kenyans that it would not be held liable for any losses incurred.