The size of Kenya’s debt from the World Bank crossed Ksh1.5 trillion ($9.99 billion) in June on increased disbursements and depreciation of the shilling.
Fresh data published by the Central Bank of Kenya shows Kenya’s outstanding loan to the multilateral lender stood at Ksh1.57 trillion ($10.45 billion) at the end of the previous financial year from Ksh1.46 trillion ($9.72 billion) at the end of May.
