| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 500.00 |
| IDA Credit | 185.00 |
| IDA Shorter Maturity Loan (SML) | 315.00 |
Fiscal Sustainability and Inclusive Green Growth (FIGG) Development Policy Operation
Abstract*
The objective of the Fiscal Sustainability and Inclusive Green Growth Development Policy Operation (DPO) for Kenya is: (i) creating fiscal space in a sustainable and equitable manner; (ii) improving competitiveness to boost agricultural exports; and (iii) improving governance and financial inclusion for private sector-driven development. This DPO supports the new administration’s efforts to make the government leaner, more transparent, and accountable... Show More
Development Objective
The program development objective is: (i) creating fiscal space in a sustainable and equitable manner; (ii) improving competitiveness to boost agricultural exports; and (iii) improving governance and financial inclusion for private sector driven development.
Key Details
Project Details
P180339
Active
Naomi Mathenge , Jana Kunicova, Aghassi Mkrtchyan
The Republic of Kenya
April 10, 2023
(as of board presentation)
May 26, 2023
June 5, 2023
US$ 0.00 million
National Treasury
2023
US$ 1000.00 million
N/A
Not Applicable
June 30, 2025
BANK APPROVED
September 7, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 500.00 |
| IDA Commitment | 500.00 |
| 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 April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 26, 2023 | IBRD-95250 | Loan Commitment | 500,000,000.00 |
| May 26, 2023 | IDA-73230 | Loan Commitment | 315,000,000.00 |
| May 26, 2023 | IDA-73220 | Loan Commitment | 185,000,000.00 |
| Jun 6, 2023 | IDA-73230 | Loan Disb | 315,000,000.00 |
| Mar 15, 2024 | IBRD-95250 | Int Charges | 204,149.14 |
| Mar 15, 2024 | IDA-73220 | Int Charges | 1,239,500.00 |
| Mar 15, 2024 | IDA-73220 | Int Charges | 1,285,750.00 |
| Jun 6, 2023 | IDA-73220 | Loan Disb | 185,000,000.00 |
| Sep 15, 2023 | IDA-73220 | Int Charges | 707,162.50 |
| Sep 15, 2023 | IDA-73220 | Int Charges | 681,725.00 |
| Sep 15, 2023 | IDA-73220 | Int Charges | 681,725.00 |
| Jun 7, 2023 | IBRD-95250 | Loan Disb | 500,000,000.00 |
| Jun 5, 2023 | IBRD-95250 | Fee Charges | 1,250,000.00 |
| Sep 15, 2023 | IBRD-95250 | Int Charges | 8,206,518.50 |
| Mar 15, 2024 | IBRD-95250 | Int Charges | 16,205,700.00 |
| Mar 15, 2024 | IDA-73220 | Int Charges | 1,239,500.00 |
Results Framework
No data available.