Skip to Main Navigation

Kenya Inclusive Growth and Fiscal Management DPO 2

Abstract*

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

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

Show More

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 support the government’s inclusive growth agenda; and (iv) crowd in private investment and leverage digitization to support the government’s inclusive growth agenda.

Key Details

Project Details

  • P172321

  • Closed

  • Allen Dennis , Alexis Sienaert

  • REPUBLIC OF KENYA

  • Kenya

  • December 30, 2019

  • (as of board presentation)

    May 19, 2020

  • May 22, 2020

  • US$ 1000.00 million

  • N/A

  • N/A

  • June 30, 2021

  • BANK APPROVED

  • P168204

  • April 19, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 250.00
IDA Credit 750.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 250.00
IDA Commitment 750.00
IBRD + IDA Commitment 1000.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2021 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2021 IDA-66350 Int Charges 5,062,500.00
May 15, 2021 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2021 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2021 IBRD-91060 Int Charges 2,031,666.60
May 15, 2022 IDA-66350 Int Charges 5,062,500.00
May 15, 2022 IDA-66350 Int Charges 4,837,500.00
May 15, 2022 IDA-66350 Int Charges 4,837,500.00
May 15, 2022 IBRD-91060 Int Charges 2,048,819.50
May 19, 2020 IBRD-91060 Loan Commitment 250,000,000.00
Nov 15, 2020 IBRD-91060 Int Charges 2,108,889.00
Nov 15, 2020 IDA-66350 Int Charges 4,865,625.00
Nov 15, 2020 IDA-66350 Int Charges 4,649,375.00
Nov 15, 2020 IDA-66350 Int Charges 4,649,375.00
May 15, 2021 IBRD-91060 Int Charges 2,073,958.40
May 19, 2020 IDA-66350 Loan Commitment 750,000,000.00
May 15, 2021 IDA-66350 Int Charges 5,062,500.00
May 15, 2021 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2023 IBRD-91060 Int Charges 8,625,000.00
Nov 15, 2023 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2023 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2023 IDA-66350 Int Charges 5,062,500.00
May 15, 2024 IDA-66350 Int Charges 5,062,500.00
May 15, 2024 IBRD-91060 Int Charges 9,074,050.00
Nov 15, 2022 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2022 IDA-66350 Int Charges 4,837,500.00
Nov 15, 2022 IDA-66350 Int Charges 5,062,500.00
Nov 15, 2022 IBRD-91060 Int Charges 4,293,333.50
May 15, 2024 IDA-66350 Int Charges 4,837,500.00
May 15, 2024 IDA-66350 Int Charges 4,837,500.00
May 15, 2023 IDA-66350 Int Charges 4,837,500.00
May 15, 2023 IDA-66350 Int Charges 4,837,500.00
May 15, 2023 IDA-66350 Int Charges 5,062,500.00
May 15, 2023 IBRD-91060 Int Charges 8,145,000.00
Jun 22, 2020 IBRD-91060 Loan Disb 250,000,000.00
Jun 10, 2020 IBRD-91060 Fee Charges 625,000.00
May 22, 2020 IDA-66350 Loan Disb 750,000,000.00

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.