Kenyan Government to Utilize World Bank Loan for Eurobond Repayment, Ensuring Exchange Rate Stability
The Kenyan government has revealed its plan to allocate part of the recently secured US$ 1.2 billion Development Policy Operations (DPO) loan from the World Bank to address an upcoming Eurobond repayment. With a portion of the Eurobond maturing on 24th June 2024, the government intends to utilize funds from the World Bank loan to […]