Kenya Secures $1.2 Billion from World Bank to Address Budget Constraints

• World Bank’s DPO financing to support Kenya’s development projects and budgetary challenges
• Loan includes conditions for fiscal reforms and operational efficiency

Nairobi, Kenya – Kenya has successfully secured $1.2 billion from the World Bank’s Development Policy Operations (DPO) financing, a deal that has been in the works since 2019. This funding is aimed at helping the country address ongoing development projects and budgetary challenges.