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Originally published by Kenyans
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April 27, 2026
3h ago

Kenya at Risk of Missing Out on Ksh96.9B Loan as World Bank Sets Tougher Conditions

Kenya at Risk of Missing Out on Ksh96.9B Loan as World Bank Sets Tougher Conditions

The conditions were set after Kenya sought additional financial help to cushion the economy from fuel supply disruptions and external shocks triggered by the Middle East conflict...

✨ Key Highlights

Kenya risks missing out on a Ksh96.9 billion budget support loan from the World Bank if three critical regulations are not enacted before the June 30 deadline.

  • The loan is part of the World Bank's development policy operations (DPO) programme and is crucial for supporting government operations and salaries in the upcoming budget.
  • Key conditions include regulations for identifying beneficiaries of social stipends, rules for sustainability-linked bonds, and legal backing for a policy to increase national tree cover to 30% by 2032.
  • The National Treasury is working to have two conditions met by the end of May, while parliament is expected to address forest law amendments by May 5.

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