The World Bank has set more than 10 conditions to unlock a new round of funding for Kenya, including the disclosure of the personal interests of public officials and the publication of regulations to restrict unsolicited public-private partnership (PPP) deals, such as the flopped proposal by the Adani Group to upgrade the Jomo Kenyatta International Airport (JKIA).
Kenya has access to a third instalment of funding under the World Bank’s Development Policy Operations (DPO) programme to help plug its budget deficit if it meets the multiple conditions. The DPO is a fast-disbursing loan facility for developing countries that provides direct budget support tied to the implementation of key policy and institutional reforms, including fiscal consolidation and climate action.
