Over 250,000 small firms in Kenya to get World Bank funding

The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG

More than 250,000 small and medium enterprises in the country are set to benefit from World Bank’s financing this year to help them recover from the impact of the Covid-19 pandemic.

The funds issued under the global bank’s International Development Association (IDA) are expected to address financing challenges faced by the sector despite constituting 98 percent of all businesses in the country.  

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.