The World Bank Group has withheld disbursement of a Sh96.93 billion ($750 million) loan to Kenya over delays in implementing agreed reforms, including the passing of a Bill to curb conflict of interest involving politicians and public officials.
The lending, which was expected this month after an initial delay, was to be done through an instrument called a Development Policy Operations (DPO) loan, which commits Kenya to instituting reforms aimed at creating fiscal space and improving governance.
