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LOANS & CREDITS May 19, 2020

Kenya - Inclusive Growth and Fiscal Management Development Policy Operation 2

IBRD Loan: US$ 250 million

Maturity: 29 years    Grace: 10 years

IDA Credit: US$ 750 million

Maturity: 30 years    Grace: 5 years

Project ID P172321

Project Objectives Description: The proposed DPF is the second in a programmatic series of two operations in support of the Government of Kenya’s inclusive growth agenda. The program development objectives are to: (i) crowd in private investment and financing for affordable housing; (ii) enhance farmer incomes and food security;  (iii) create fiscal space to  support the government’s inclusive growth agenda; and (iv) crowd in private investment and leverage digitization to support the government’s inclusive growth agenda.


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