Kenya has secured $750 million (Ksh97 billion) from the World Bank to support reforms aimed at tackling corruption, strengthening governance, and improving the management of public funds.
The funding, approved on June 29, 2026, falls under the Second Green and Resilient Inclusive Growth Development Policy Operation (DPO).
The program supports measures designed to improve transparency, seal corruption loopholes, and restore discipline in public spending.
The package consists of a Ksh44 billion loan from the International Bank for Reconstruction and Development and Ksh53 billion in concessional financing from the International Development Association.
Kenya Lands Multi-Billion Deal
The World Bank said the support will help Kenya build stronger institutions, reduce misuse of public resources, and create a more stable environment for private investment and job creation.
Part of the support will also go towards improving livelihoods for refugees and host communities.
A central focus of the program is to strengthen accountability across government institutions and reduce corruption risks in public finance.
Authorities have already introduced a conflict-of-interest law, alongside new regulations rolled out in 2026.
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The rules require public officials to declare their interests and adhere to stricter conduct standards, with clear penalties for violations.
The aim is to prevent abuse of office and close legal gaps that have weakened enforcement in the past.
“By supporting reforms to address conflicts of interest, strengthen procurement systems, improve public financial management, and expand social protection, this operation will help Kenya reduce leakage, generate fiscal savings, and ensure that public resources deliver better results and reach the people who need them most,” said Qimiao Fan, World Bank Division Director for Kenya.
The program also targets procurement, widely seen as one of the biggest sources of corruption in public spending.
By tightening rules and increasing transparency, the reforms are expected to reduce financial leakages and improve value for money.
Another key measure is the expansion of the Treasury Single Account, which centralizes government cash.
This system is expected to improve visibility of state finances, reduce idle balances held across multiple agencies, and limit opportunities for misuse.
In addition, the government is scaling up electronic procurement systems.
Moving tenders online is expected to make the process more open and competitive, while making it easier to track contracts and audit spending.
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The World Bank said these reforms will help cut waste, improve efficiency, and rebuild public trust in state institutions.
“The regulations introduce stronger penalties and improved disclosure requirements, closing loopholes that have historically allowed conflicts of interest to go unaddressed,” the notice stated
Protecting Vulnerable Households
The program also includes measures to strengthen Kenya’s social protection systems to support poor and vulnerable households.
It backs the implementation of the Social Protection Regulations 2026, which are designed to improve targeting and delivery of assistance.
A key component is strengthening the Enhanced Single Registry, a database used to identify beneficiaries of government support.
Improvements to the system are expected to ensure aid reaches the intended recipients while reducing duplication and fraud.
Part of the funding will also support livelihoods for refugees and host communities, especially in areas facing economic strain due to displacement.
The World Bank said strengthening social protection will help households cope with economic shocks while supporting broader efforts to reduce poverty and inequality.
According to the World Bank, the program’s success will depend on the consistent implementation of the reforms.
By tightening controls, improving transparency, and strengthening enforcement, the government aims to reduce corruption, improve service delivery, and restore confidence in the use of public funds.
The World Bank said the program will help Kenya build a more transparent, accountable, and resilient economy.
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