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Inclusive Growth and Fiscal Management Development Policy Financing

Abstract*

The program development objectives of the Inclusive Growth and Fiscal Management Development Policy Financing Project for Kenya are to: (i) crowd in private investment and financing for affordable housing; (ii) enhance farmer incomes and food security; (iii) create fiscal space to allow the government to invest in key development programs; and (iv) crowd in private investment and leverage digitization to support the government’s inclusive growth agenda.The...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The program development objectives are to: (i) crowd in private investment and financing for affordable housing; (ii) enhance farmer incomes and food security; (iii) create fiscal space to allow the government to invest in key development programs; and (iv) crowdin private investment and leverage digitization to support the government’s inclusive growth agenda.

Key Details

Project Details

  • P168204

  • Closed

  • Allen Dennis , Sarah Oludamilola Sanya

  • Republic of Kenya

  • Kenya

  • March 4, 2019

  • (as of board presentation)

    May 28, 2019

  • June 26, 2019

  • US$ 750.00 million

  • N/A

  • April 19, 2023

  • June 30, 2020

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 750.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 750.00
IBRD + IDA Commitment 750.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 15, 2024 IDA-64190 Int Charges 2,667,819.20
Feb 15, 2024 IDA-64190 Int Charges 2,667,819.20
Feb 15, 2024 IDA-64190 Int Charges 4,466,998.00
Feb 15, 2024 IDA-64190 Int Charges 12,379.36
May 28, 2019 IDA-64190 Loan Commitment 750,000,000.00
Feb 15, 2023 IDA-64190 Int Charges 2,647,753.20
Feb 15, 2023 IDA-64190 Int Charges 2,647,753.20
Feb 15, 2023 IDA-64190 Int Charges 4,480,667.50
Feb 15, 2023 IDA-64190 Int Charges 61,945.85
Feb 15, 2023 IDA-64190 Int Charges 61,945.85
Aug 15, 2023 IDA-64190 Int Charges 35,364.19
Aug 15, 2023 IDA-64190 Int Charges 4,499,179.50
Aug 15, 2023 IDA-64190 Int Charges 2,699,507.80
Aug 15, 2023 IDA-64190 Int Charges 2,699,507.80
Aug 15, 2024 IDA-64190 Loan Repay 97,091.90
Aug 15, 2021 IDA-64190 Int Charges 15,071.83
Aug 15, 2021 IDA-64190 Int Charges 2,877,806.80
Aug 15, 2021 IDA-64190 Int Charges 2,877,806.80
Aug 15, 2021 IDA-64190 Int Charges 4,796,344.50
Feb 15, 2022 IDA-64190 Int Charges 4,707,228.50
Feb 15, 2022 IDA-64190 Int Charges 101,884.17
Feb 15, 2022 IDA-64190 Int Charges 2,736,392.80
Feb 15, 2022 IDA-64190 Int Charges 2,736,392.80
Feb 15, 2022 IDA-64190 Int Charges 101,884.17
Aug 15, 2022 IDA-64190 Int Charges 21,898.63
Aug 15, 2022 IDA-64190 Int Charges 2,675,275.20
Aug 15, 2022 IDA-64190 Int Charges 2,675,275.20
Aug 15, 2022 IDA-64190 Int Charges 4,458,792.00
Jun 28, 2019 IDA-64190 Loan Disb 751,130,430.00
Feb 15, 2020 IDA-64190 Int Charges 2,770,746.20
Feb 15, 2020 IDA-64190 Int Charges 2,770,746.20
Feb 15, 2020 IDA-64190 Int Charges 4,617,910.50
Feb 15, 2020 IDA-64190 Int Charges 723,472.60
Feb 15, 2020 IDA-64190 Int Charges 723,472.60
Feb 15, 2020 IDA-64190 Int Charges 1,205,787.80
Aug 15, 2020 IDA-64190 Int Charges 2,743,215.20
Aug 15, 2020 IDA-64190 Int Charges 2,743,215.20
Aug 15, 2020 IDA-64190 Int Charges 4,596,440.00
Jun 30, 2020 IDA-64190 Loan Cancel 3.29
Aug 15, 2020 IDA-64190 Int Charges 112,972.53
Aug 15, 2020 IDA-64190 Int Charges 112,972.53
Feb 15, 2021 IDA-64190 Int Charges 167,484.81
Feb 15, 2021 IDA-64190 Int Charges 2,919,139.50
Feb 15, 2021 IDA-64190 Int Charges 2,919,139.50
Aug 15, 2024 IDA-64190 Int Charges 2,712,110.20
Aug 15, 2024 IDA-64190 Loan Repay 11,836,193.00
Feb 15, 2021 IDA-64190 Int Charges 4,849,944.50
Aug 15, 2024 IDA-64190 Int Charges 2,712,110.20
Aug 15, 2024 IDA-64190 Int Charges 4,220,222.50
Feb 15, 2024 IDA-64190 Int Charges 12,379.36

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 09-20-2022
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 04-09-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.