[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111485-en":3,"doc-seo-111485-105":28,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},111485,8796095462418,"Noah","https://ap-avatar.wpscdn.com/avatar/80000253c1241d02b47?x-image-process=image/resize,m_fixed,w_180,h_180&k=1778826106357471780",8,"Research & Report","Kenya - Fiscal Sustainability and Resilient Growth Programmatic Development Policy Operation - Chair Summary","Chair Summary dated May 30, 2024 records Executive Directors’ approval of a US$1.2 billion financing envelope for Kenya’s Fiscal Sustainability and Resilient Growth Programmatic Development Policy Operation, including an IBRD loan, an IDA credit, and an IDA grant. The summary highlights progress toward inclusive growth and addressing fiscal and debt vulnerabilities, with emphasis on climate vulnerability reduction and improved access to climate finance. It also reflects support for fiscal consolidation, liability management, gender-focused social safety net reforms, and ensuring refugees and women benefit under the WHR window, alongside sustained engagement with development partners and continued dialogue with the IMF.","Public Disclosure Authorized Public Disclosure Authorized  \nKenya  \nFiscal Sustainability and Resilient Growth Programmatic Development Policy Operation  \nChair Summary*  \nMay 30, 2024  \nExecutive Directors approved a financing envelope of US$1.2 billion consisting of an IBRD loan in the amount of US$850 million, an IDA credit in the amount of US$300 million, and an IDA grant in the amount of US$50 million, to the Republic of Kenya for the Fiscal Sustainability and Resilient Growth Programmatic Development Policy Operation, on the terms and conditions set out in the President’s Memorandum.  \nDirectors supported the progress Kenya has made to promote inclusive growth and manage fiscal and debt vulnerabilities. They acknowledged the urgency to reduce Kenya’s vulnerability to climate change and welcomed the climate actions the country is taking to enhance access to climate finance. They also welcomed the reform efforts towards fiscal consolidation and liability management to alleviate liquidity challenges and boost Domestic Resource Mobilization.  \nDirectors welcomed the focus on gender in social safety net reforms while urging that the results framework highlight the impact of the program. Directors also encouraged increased focus on ensuring refugees and women benefit fully from the reforms supported under the Window for Host Communities and Refugees (WHR) .  \nDirectors expressed support for the World Bank Group’s sustained engagement with the Kenyan authorities together with other development partners on critical structural reforms. Directors underscored the need for continued dialogue with all partners, in particular the IMF.  \n*This Summary is not an approved record.","cbCaibLthqqZcXxW","https://ap.wps.com/l/cbCaibLthqqZcXxW","pdf",65110,1,"English","en",105,"# Executive Approval\n## Financing Envelope\n## Progress and Policy Focus\n# Climate, Gender, and Social Inclusion\n## Climate Actions and Finance Access\n## Gender and WHR Benefits\n# Partner Engagement and Oversight","[{\"question\":\"What financing has been approved for Kenya under this policy operation?\",\"answer\":\"A total financing envelope of US$1.2 billion was approved, comprising a US$850 million IBRD loan, a US$300 million IDA credit, and a US$50 million IDA grant.\"},{\"question\":\"Which key policy areas did Directors emphasize in their support?\",\"answer\":\"Directors emphasized inclusive growth, reducing fiscal and debt vulnerabilities, climate vulnerability reduction, fiscal consolidation, and liability management to support liquidity and domestic resource mobilization.\"},{\"question\":\"How does the program address gender and refugees?\",\"answer\":\"Directors welcomed gender focus in social safety net reforms and urged that the results framework reflect program impact, while also encouraging stronger attention to ensuring refugees and women benefit under the Window for Host Communities and Refugees (WHR).\"},{\"question\":\"What engagement and coordination did Directors stress with partners?\",\"answer\":\"Directors supported sustained engagement by the World Bank Group with Kenyan authorities and other development partners on structural reforms, underscoring the need for continued dialogue in particular with the 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financing has been approved for Kenya under this policy operation?","Question",{"text":72,"@type":73},"A total financing envelope of US$1.2 billion was approved, comprising a US$850 million IBRD loan, a US$300 million IDA credit, and a US$50 million IDA grant.","Answer",{"name":75,"@type":70,"acceptedAnswer":76},"Which key policy areas did Directors emphasize in their support?",{"text":77,"@type":73},"Directors emphasized inclusive growth, reducing fiscal and debt vulnerabilities, climate vulnerability reduction, fiscal consolidation, and liability management to support liquidity and domestic resource mobilization.",{"name":79,"@type":70,"acceptedAnswer":80},"How does the program address gender and refugees?",{"text":81,"@type":73},"Directors welcomed gender focus in social safety net reforms and urged that the results framework reflect program impact, while also encouraging stronger attention to ensuring refugees and women benefit under the Window for Host Communities and Refugees (WHR).",{"name":83,"@type":70,"acceptedAnswer":84},"What engagement and coordination did Directors stress with partners?",{"text":85,"@type":73},"Directors supported sustained engagement by the World Bank Group with Kenyan authorities and other development partners on structural reforms, underscoring the need for continued dialogue in particular with the IMF.","https://schema.org",{"og:url":49,"og:type":88,"og:title":13,"og:site_name":56,"og:description":14},"article",{"robots":90,"canonical":49},"index,follow",{"doc_id":7,"site_id":23},{"code":4,"msg":5,"data":93},[94,98,102,106,111,116,121,124,129,132,136],{"id":20,"doc_module":4,"doc_module_name":44,"category_name":95,"show_sort_weight":96,"slug":97},"Story & 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