Kenya will still get cheap loans with new status

Diariétou Gaye, the World Bank’s country director for Kenya, says that the multi-lateral lender will still offer Kenya cheaper loans. FILE PHOTO | NATION MEDIA GROUP

Kenya will continue to receive concessionary loans from the World Bank even after the economy achieved middle-income ranking.

Diariétou Gaye, the World Bank’s country director for Kenya, said Tuesday that the multi-lateral lender will offer Kenya cheaper loans.

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