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William Ruto's Administration suffers Setback as World Bank Delays KSh 78b Emergency Loan

The World Bank withheld a $600 million (KSh 77.5 billion) emergency loan to Kenya after the government failed to submit detailed expenditure plans The funds were expected to reach Kenya by the end of June 2026 under the World Bank's Rapid Response Option to cushion the country from global economic shocks.  [...]