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Treasury refutes Controller of Budget report on costly loans

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The National Treasury has termed remarks by the Controller of Budget that some of the loans taken from the International Monetary Fund (IMF) and...

World Bank commits to support SMEs, startups growth

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The World Bank has partnered with the government to offer business support and investor linkages to Small and Medium Enterprises (SMEs) and local startups. Through...

Gov’t to construct 16,000 classrooms ahead of Grade 9 transition

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The Government will construct 16,000 classrooms across the country in readiness for the transition of learners to grade nine next year, the Principal Secretary...

Five ASAL Counties to benefit from Ksh19.3B World Bank water project

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The World Bank, in collaboration with the National Government, has piloted a 5-year groundwater project along five Arid and Semi-Arid Lands (ASALs) counties to...

Kenya’s economy better off in 2023, World Bank says

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Kenya’s economy has performed better this year compared to last year despite challenges the country has faced, the World Bank has said. According to the...

Treasury freezes plans for new eurobond after World Bank, IMF rescue 

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Kenya is unlikely to float a new bond on the international market in the medium term after getting fresh funding commitments from multilateral lenders. National...

World Bank pledges Ksh 1.8T support for Kenya over three years

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The World Bank will consider extending additional Ksh 912 billion ($6b) in support to Kenya over the next three years pushing its total commitment...

Adopition of Marrakech Declaration key solution to Africa financing challenges

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The High-Level Ministerial Meeting on Accelerating the Financing of Africa's Emergence, held on Thursday, on the sidelines of the WB-IMF Annual Meetings, resulted in...

Marrakech will host this year’s IMF-World Bank annual meetings

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The famous tourist city of Marrakech in Morocco will host this year’s International Monetary Fund (IMF)-World Bank annual meeting, set for 9th till 15th...

Gov’t partners with World Bank to enhance teacher training

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The government, in partnership with World Bank is set to strengthen the capacity of 35 Public Primary Teacher Training Colleges (PTTCs) to provide initial...

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