By BUSINESS DAILY The World Bank Group has advanced Ksh38.4 billion ($250 million) to Kenya to strengthen transparency in public finance management and enhance revenue mobilisation. The funding is expected to serve an estimated 485 ministries, departments, and agencies, 240,000 registered firms, and 18 million citizens who use government e-services. “The government of Kenya needs higher revenue mobilisation to operationalise its development agenda, while efficiency in spending will be necessary for the revenue that is mobilised to deliver its intended purpose,” World Bank Country Director for Kenya Keith Hansen said. Read: World Bank reveals new $12bn loan for Kenya “This new progra
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