Board approves SDR 1.655 billion (about US$2.34 billion) ECF and EFF arrangements for Kenya.Thethree-year financing package will support the next phase of the authorities’ COVID-19 response and their plan to reduce debt vulnerabilities while safeguarding resources to protect vulnerable groups.TheFund-supported program will also advance the broader reform and governance agenda, including by addressing weaknesses in some state-owned enterprises (SOEs) and strengthening transparency and accountability through the anticorruption framework.
Btw Treasury exempted the merged CBA and NIC bank from paying share transfer tax running into hundreds of millions of shillings but ARVs donated by USAID is where they draw the line. Ile umeffi iko hii nchi :D:D:D.
US wants to grab kenya before chinaman. Dont be surprised loans zikiwa pardoned ama uncle sam offsets our china loan. Hapo ndio mutakubali. Seen how mombasa port was in the limelight a while back? US hawawezi kubali iende tu hivyo. Walishindwa na zoomalia so kenya is ripe for the taking mombasa coast is strategically placed and everyone wants a piece