World Bank expands Kenya loan kitty to Sh129 billion

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National Treasury and Economic planning CS Prof Njuguna Ndung’u on February 13, 2023. PHOTO | LUCY WANJIRU | NMG

The World Bank Group has enhanced Kenya's loan kitty by Sh32.3 billion ($250 million) bringing the expected disbursement from its Development Policy Operations (DPO) facility to Sh129 billion ($1 billion).

The extra disbursement is expected to provide additional resources to Kenya which will in part plug the budget deficit in the 2022/23 fiscal year to June.

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