World Bank steps in to heal Nairobi, IMF rift

World Bank offices.

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The World Bank Group is offering Kenya a helping hand in unlocking a fresh funding programme from the International Monetary Fund (IMF) in a rare show of openness to mediation from the multilateral lender.

The Treasury omitted the IMF funding in the national budgets to 2030 following uncertainty about whether fresh talks tied to tough conditions could unlock multi-billion shilling loans.

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