[PHOTOS]: Kenya to engage World Bank on development projects

In Summary

• He noted that the finances will help mitigate the effects of drought and stimulate food production to beat hunger in the country.

• “We are also keen on providing finances to those at the lower echelons of the economic pyramid,” he added.

by LINDWE DANFLOW

News

15 December 2022 - 18:57

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President William Ruto in a meeting with World Bank President David Malpass and other officials in Washington DC on December 15
Image: PCS/TWITTER

President William Ruto shaking hands with an official beside World Bank President David Malpass in Washington DC, USA on Thursday
Image: PCS/TWITTER

President William Ruto in a meeting with World Bank President David Malpass in Washington DC, USA on December 15
Image: PCS/TWITTER

President William Ruto has said Kenya will intensify its engagement with the World Bank on the country's development priorities.

Speaking on Thursday in Washington DC, during a meeting with World Bank President David Malpass WBG, Ruto said his administration is keen on tapping into innovative ways to get financing.

“Kenya acknowledges the World Bank and its role in financing our development needs,” Ruto said.

World Bank President David Malpass beside official on December 15
Image: PCS/TWITTER

Prime CS Musalia Mudavadi, Foreign Affairs CS Alfred Mutua, Treasury CS Njuguna Ndung'u and Trade CS Moses Kuria in a meeting with World Bank President David Malpass in Washington DC on Thursday
Image: PCS/TWITTER

He noted that the finances will help mitigate the effects of drought and stimulate food production to beat hunger in the country.

“We are also keen on providing finances to those at the lower echelons of the economic pyramid,” he said.

Malpas commended Kenya for launching the Hustler Fund, which he said will stimulate entrepreneurship and create more employment.