World Bank approves Sh75b loan to boost Big Four agenda : The Standard

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The National Treasury has now sought a Sh75 billion loan from the World Bank, to boost the Big 4 Agenda. This comes barely a month after President Kenyatta jetted back to the country empty handed from an expedition to China.

The World Bank’s international development association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives. IDA is one of the largest sources of assistance for the world’s 75 poorest countries, 39 of which are in Africa.

World bank approves usd 722 million loan for Pakistan. The projects in Karachi will focus on urban management, public transport, safe water and sanitation to enhance its liveability and competitiveness, the World Bank said in its statement. 30 Jun, 2019, 03.56PM IST

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The World Bank Board of Directors today approved sh75.9 billion government’s loan to help curb poverty and helps Kenya achieve its Vision 2030 objectives.

The World Bank Board of Directors today approved Sh75.9 billion Government’s loan to help curb poverty and helps Kenya achieve its Vision 2030 objectives. The operation through International Development Association (IDA) credit will lend support to the government’s "Big Four" agenda which..

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With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.