Kenya gets Sh16.4 billion IFAD loan to boost rural livelihoods
The loan is on blend terms, with a 1.41 percent interest rate, 1.39 percent service charge, a 25-year repayment period, and a five-year grace period.
The loan is on blend terms, with a 1.41 percent interest rate, 1.39 percent service charge, a 25-year repayment period, and a five-year grace period.
The funds are intended to address salary gaps, support key sectors like social protection, housing, and security, and ensure uninterrupted delivery of public services.
The sharp reduction in budget allocation—from Sh28.7 billion in the current financial year to Sh17.3 billion for the year starting July—comes as the country continues to face one of the highest disease burdens...
The total amount required for the 2025 national exams is Sh12.58 billion, but the wider education budget presented for 2025/26 faces a staggering Sh62 billion shortfall.
The proposal aims to plug a critical funding gap after the exams were left out of the original budget.