The World Bank has approved a Sh138 billion ($1.0 billion) budget support loan for Kenya under the Fiscal Sustainability and Inclusive Green Growth Development Programme Operation (DPO).
Kenya will get the cash after its request to the World Bank to raise the amount by 33 percent due to the tightened global financing conditions, which have seen it shelve a planned Eurobond issuance that had been slated for the current financial year.
