11 reforms behind World Bank freeze of Sh96bn Kenya loan

Signage of the World Bank.  

Photo credit: Pool

The World Bank has listed seven laws and four policy reforms it wants implemented before it can release a Sh96.9 billion ($750 million) loan to Kenya.

The multilateral lender reckons it will release the billions of shillings once Kenya amends its Competition Act to strengthen regulations that will control the operations of firms with dominant market shares.

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