Kenya world bank Stories
Structural slowdowns across investment, productivity, trade and labour force expansion are dragging the global economy toward its weakest potential gr...
Auditor General Nancy Gathungu, in her audit report for the financial year ending June 2024, disclosed that the authority, tasked with overseeing the...
The loan, part of the World Bank’s Development Policy Operations (DPO) facility, was expected this month but now hangs in the balance over unmet refor...
The projection also represents a significant cut from its earlier forecast of 5.0 per cent growth made in January.
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...
When travelling abroad, especially to the United States, civil servants receive about $513 (Sh66,317) daily, a figure the World Bank says needs urgent...
The World Bank indicated that inefficiencies in payroll management, excessive allowances and unchecked staff expansion, particularly at the county lev...
The World Bank warned that such practices could erode public trust and stoke protests.
The report, presented on October 1, reveals that the loans were sourced from both multilateral and bilateral lenders.
