| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 850.00 |
| IDA Credit | 300.00 |
| IDA Grant | 50.00 |
First Kenya Fiscal Sustainability and Resilient Growth
Abstract*
The Development Policy Operation (DPO) is the first of a series of three operations that support Kenya’s policy and institutional reforms to (i) promote efficiency, transparency, and equity of public finance; (ii) foster more competitive and inclusive product and labor markets; and (iii) strengthen climate action. This DPO of US$1.2 billion, financed by IBRD and IDA (including the Window for Refugees and Host Communities), supports the ambitious reform... Show More
Development Objective
To (i) promote efficiency, transparency, and equity of public finance; (ii) foster more competitive and inclusive product and labor markets; and (iii) strengthen climate action
Key Details
Project Details
P500912
Active
Marek Hanusch , Jana Kunicova, Naomi Mathenge
The Republic of Kenya
March 26, 2024
(as of board presentation)
May 30, 2024
June 11, 2024
US$ 0.00 million
National Treasury
2024
US$ 1200.00 million
N/A
N/A
June 30, 2025
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 850.00 |
| IDA Commitment | 350.00 |
| IBRD + IDA Commitment | 1200.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 14, 2024 | IBRD-96750 | Loan Disb | 847,875,010.00 |
| Jun 18, 2024 | IDA-75420 | Loan Disb | 298,174,752.00 |
| Jun 11, 2024 | IBRD-96750 | Loan Disb | 2,125,000.00 |
| May 30, 2024 | IDA-75420 | Loan Commitment | 300,000,000.00 |
| May 30, 2024 | IBRD-96750 | Loan Commitment | 850,000,000.00 |
| May 30, 2024 | IDA-E3230 | Loan Commitment | 50,000,000.00 |
| Jun 13, 2024 | IDA-E3230 | Loan Disb | 49,962,528.00 |
| Jun 11, 2024 | IBRD-96750 | Fee Charges | 2,125,000.00 |
Results Framework
No data available.