Kenyatta urges World Bank to support Kenya’s development agenda

Kenyan President Uhuru Kenyatta on Wednesday urged the World Bank to support the delivery of Kenya’s development agenda.

President Kenyatta said Kenya’s access to the International Bank for Reconstruction and Development (IBRD) loans would boost the country’s capacity in implementation of flagship projects that would spur economic development.

Speaking in Nairobi on Wednesday as he hosted nine World Bank directors in Nairobi, the President said the mega projects currently underway in the country have scaled up its capacity to absorb additional capital inflows from development partners, adding that removal of hurdles hindering access to funding from the World Bank was a welcome move.

“Kenya is one of the few countries not only in Africa but in the whole world which have not defaulted in its international obligations, he said.

Kenyatta further called for closer working relations between the government and the Bank in projects that directly engage the youth in income generating activities.

The nine World Bank directors are on a tour of Ethiopia, Malawi and Kenya to appreciate the three country’s development progress, opportunities and challenges.

The directors, led by the Executive Director for Africa, Louis Peter Larose, commended Kenya for its achievements particularly in devolution and infrastructural development.