The tough conditions attached to IMF financing have led the citizens of Kenya and other African countries to conclude that a too powerful IMF is the cause of their problems.
The World Bank highlighted the crucial role of the Lamu Emergency Operation Centre (EOC) during the severe flooding and cholera outbreak that hit the region between October and December 2023.
SDG 2 which aims to end hunger, achieve food security and improved nutrition, and promote sustainable agriculture is the leading in regression.
The ICPC has asked the IMF, the World Bank, and other international lenders to immediately stop assisting Kenya pending an audit of the current state of debt.
The investigation focused on IFC's oversight of Bridge International Academies regarding systems to prevent and respond to child sexual abuse, as outlined in Sustainability Policy and Performance Standards 1 and 4.
The Djibouti government also accused the World Bank of bias in its assessment, calling the ranking unjustified and unacceptable.
Meanwhile, Kenya's largest port, Mombasa, experienced a decline in its ranking, falling to 328 out of the 348 ports evaluated worldwide.
Kenya's economy is estimated to have grown 5.8% in the first quarter of this year, after 2023 growth of 5.6%.
The funding package aims to also create a more competitive labour market and strengthen the country's efforts to combat the impact of climate change, the bank said.
Ruto highlighted that the frequency of extreme weather events continuously diminishes the resources available for public investment and the provision of critical public goods such as healthcare, education, and other social services.
Museveni accused the bank of emphasising profit-driven agendas and prioritising loans for seminars at the expense of Africa's development.
The Israeli military's heavy aerial bombardment in the aftermath of the attack, and its ongoing ground operations inside Gaza, have reduced many areas of the territory to rubble.
However, the report places Togo as the only country that has enacted legislation that supports women.
The report underlines the critical need for reforms to keep an additional 3.7 million Ethiopians from sliding into poverty over the next 25 years.
The funds will cushion Northern counties against the risks of drought, and facilitate livestock trade as well as the stablishment of slaughterhouses for meat production and processing.
Central Bank of Kenya Governor Kamau Thugge had acknowledged concerns about the country's ability to repay the 10-year Eurobond when it matures in June.
He emphasized the importance of conducting public participation before the implementation of any project.
Though the investment was made before Banga's appointment to the helm of the global Bank, the onus is on him to take action to tighten its members' accountability efforts in their future operations.
Kenyans abroad send more than Sh650 billion back home annually, according to estimates by World Bank's Multilateral Investment Guarantee Agency (MIGA).
The money, under the Hunger Safety Net Programme (HSNP), is for the arid and semi-arid counties of Turkana, Wajir, Mandera, Marsabit, Garissa, Tana River, Isiolo and Samburu.