World Bank lends Sh38.4bn for Kenya’s public finance reforms

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World Bank Country Director for Kenya, Rwanda, Somalia and Uganda Keith Hansen. FILE PHOTO | NMG

The World Bank Group has advanced Sh38.4 billion ($250 million) to Kenya to strengthen transparency in public finance management and enhance revenue mobilisation.

The funding is expected to serve an estimated 485 ministries, departments, and agencies, 240,000 registered firms, and 18 million citizens who use government e-services.

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