$750M Loan to Kenya Frozen By World Bank Over Conflict of Interest
Автор: Ivy Oyori
Загружено: 2025-07-31
Просмотров: 17867
Kenya is facing a major financial blow as the World Bank freezes a $750 million loan initially expected in June 2025. This disbursement was part of the Development Policy Operations (DPO) support — but now hangs in the balance due to Kenya’s failure to implement key governance reforms.
In this video, we break down why the loan was suspended — including the pending Conflict of Interest Bill, lack of a Single Treasury Account, and delays in adopting an e-procurement system. With the IMF and World Bank applying pressure, what does this mean for Kenya’s budget, debt burden, and ability to secure future loans?
Timestamps
00:00 introduction
02:10 conflict of interest bill
05:30 CS Treasury
07:34 Auditor General/ Controller of budget
09:31 IMF
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