Debt management: Kenya in negotiations to obtain 750 million dollars from the World Bank : Orishas-finance

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Debt management: Kenya in negotiations to obtain 750 million dollars from the World Bank

21/11/2024

Source : ORISHAS FINANCE

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Debt management: Kenya in negotiations to obtain 750 million dollars from the World Bank

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The director general of the Ministry of Finance's Public Debt Management Office said that Kenya is in talks with the World Bank for a new $750 million loan. The country had obtained a loan of 200 million dollars from the African Development Bank. According to Raphael Owino, the IMF's approval in October of the seventh and eighth reviews, which paved the way for a $606 million loan installment, had contributed to his discussions for other

loans.

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