Kenya has received US$ 750 Million from the World Bank to reinforce its resilient, inclusive green economy recovery from the COVID-19 crisis.
The World Bank approved this development policy financing to support policy reforms that will strengthen transparency and accountability in public procurement and promote efficient public investment spending.
The disbursement is part of World Bank's Development Policy Operantions which lends cash for budget support instead of financing specific projects.
The World Bank forecasts Kenya's economy will grow 4.5% in 2021.
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