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  1. The economic impacts of the US-Iran conflict are being discussed, noting higher input costs and the need for a Middle East ceasefire, with South Africa and Fitch involved.
  2. Iran-Israel conflict fallout raises financial risks affecting both Kenya and South Africa.

Kenya approved $1.25 billion in financing for budget support from the World Bank.

1 report, 1 independent Updated Jul 9
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Kenya approved $1.25 billion in financing for budget support from the World Bank.

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  1. Kenya is receiving $750 million in financing from the World Bank, which is conditional on the country implementing specific policy reforms.Sub-event
  2. The $1.25B budget support approval comes amid global fallout from the US-Israeli war with Iran.1 source

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