The World Bank has approved a substantial loan facility of Ksh97 billion to bolster Kenya's governance, financial management, social protection, and anti-corruption efforts.

• The loan package includes Ksh44 billion from the International Bank for Reconstruction and Development (IBRD) and Ksh53 billion in concessional financing from the International Development Association (IDA).
• This funding supports reforms aimed at enhancing transparency and accountability in government institutions, crucial for attracting investment and creating jobs.
• Key reform pillars include tackling corruption and conflicts of interest, with the implementation of the Conflict of Interest Act and related regulations.