WORLD BANK COUNTRY PARTNERSHIP FRAMEWORK FOR KENYAHekima Randu
6th December, 2022
Prof Njuguna Ndung’u, Cabinet Secretary for The National Treasury and Economic Planning officially launches the FY23–28 World Bank Country Partnership Framework (CPF) for Kenya at the Kenyatta International Conference Centre.
The CPF aims to achieve three (3) long-term High-Level Outcomes (HLOs), and seven (7) CPF Objectives. The three HLOs are: Faster and more equitable labour productivity and income growth, greater equity in service delivery outcomes and, greater resilience and sustainability of Kenya’s natural capital.
Since 2019, Kenya has received a combined resource envelope of USD 3.25 billion under the four World Bank Development Policy Operation (DPOs). These resources have helped to reduce fiscal pressures by making public spending more efficient and transparent, while reducing the fiscal costs and risks.