Home National World Bank loans increase by Sh304 billion in coronavirus year

World Bank loans increase by Sh304 billion in coronavirus year

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The Standard | by Dominic Omondi


The World Bank has disbursed $750 million (Sh80.2 billion) to Kenya, pushing the global lender’s loans to the country in the last one year to Sh1.098 trillion.

Since the country recorded its first case of Covid-19 in March last year, the Washington-based institution has now given Kenya close to Sh304 billion, which has raised its stock of debt by nearly a third…

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