Kenya world bank Stories

World Bank downgrades Kenya's GDP growth to 4.5 per cent in June projection
Alfred Onyango  |  Jun 11, 2025

The projection also represents a significant cut from its earlier forecast of 5.0 per cent growth made in January.

World Bank delays Sh96.9 billion loan to Kenya over anti-corruption law standoff
Maureen Kinyanjui  |  Jun 05, 2025

The government now plans to borrow Sh591.9 billion from the local credit market to bridge a Sh876.1 billion budget deficit in the financial year start...

World Bank flags wasteful spending on public servants’ travel allowances
Maureen Kinyanjui  |  May 29, 2025

When travelling abroad, especially to the United States, civil servants receive about $513 (Sh66,317) daily, a figure the World Bank says needs urgent...

Why Kenya risks losing billions if it ignores World Bank public sector reform recommendations
Lucy Mumbi  |  May 28, 2025

The World Bank indicated that inefficiencies in payroll management, excessive allowances and unchecked staff expansion, particularly at the county lev...

World Bank warns Kenya on unsolicited PPP deals after Adani Group contract cancellations
Amina Wako  |  Dec 11, 2024

The World Bank warned that such practices could erode public trust and stoke protests.

Report reveals Kenyan government borrowed Sh258 billion in 11 new loans
Maureen Kinyanjui  |  Oct 05, 2024

The report, presented on October 1, reveals that the loans were sourced from both multilateral and bilateral lenders.

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