JUST IN: Ruto Explores IMF and World Bank Programs for Cheaper Loans 

  President William Ruto has announced that the United States is helping Kenya identify affordable loan sources to support its economic development. Ruto spoke on Monday, December 9, after his meeting with United States Under Secretary for International Affairs Jay Shambaugh at State House, Nairobi. The discussions focused on partnerships to access concessional financing. The Head of State explained that Kenya is exploring funding options such as the International Development Association (IDA), a program managed by the World Bank. The IDA provides loans at zero or low interest rates to 75 countries, including Kenya. The president also mentioned the government’s interest
The post Ruto Explores IMF and World Bank Programs for Cheaper Loans appeared first on Nairobi Wire. Read More