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Originally published by Kenyanstop
April 30, 2026
1d ago
Kenya Seeks New Ksh 78B Loan from World Bank Ahead of New Budget

The developments come amid preparations for the next budget, with the Treasury also expected to submit the Finance Bill 2026 to the Parliament, outlining the budget revenue-raising measures...
✨ Key Highlights
Kenya is seeking an emergency loan of up to Ksh77.5 billion (USD600 million) from the World Bank to mitigate the economic impact of the Middle East conflict, primarily on fuel prices.
- The requested funding is expected to come from the World Bank's rapid response facility, designed for countries facing sudden external shocks.
- Kenya's Treasury CS John Mbadi confirmed discussions are underway, with disbursement possible within two weeks if formally requested.
- This move comes as Kenya's economic growth cooled to 4.6% in 2025, with analysts warning of further strain on the national budget due to prolonged global oil instability.
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