World Bank Sh78 billion loan delayed
Business News

World Bank Delays Kenya’s Sh78 Billion Emergency Loan: What It Means for Taxes, Spending, and Fuel Prices

Kenya’s request for about Sh78 billion in emergency funding from the World Bank has been delayed, with the lender asking for clearer spending plans and stronger fiscal discipline before releasing the money. The move has renewed debate over whether Kenya should focus on cutting wasteful expenditure instead of raising taxes. The delay does not mean […]

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