KNBS Receives Financial Support from the World Bank

wbloan20152The Kenya National Bureau of Statistics (KNBS) has benefited from a US$50 Million credit from the World Bank for implementation of statistical activities over the next five years from FY2015/2016 to FY 2019/2020.

This financial support complements implementation of the KNBS Strategic Plan 2013-2017.

The support has been provided through a financing arrangement known as the Kenya Statistics Program-for-Results (KSP-for-R). It is a credit line to the government that envisages production of comprehensive quality statistics for informed policy making and development in the country. 

The Kenya Statistics Program-for-Results is a financial arrangement between the Kenya Government and the World Bank. It is a culmination of successful negotiations between the Bank and the Government, represented by Planning Principal Secretary, Eng. Peter Mangiti, on Thursday 23rd July 2015 at the World Bank offices in Nairobi. Financing agreements will be signed by the two parties after final approval by the World Bank Board. This will pave way for implementation of the Program which takes effect before the end of this year.

Under the Program, the National Treasury will allocate financial resources to support the KNBS to implement its strategic plan as it endeavours towards becoming “A centre of excellence in statistics production and management”. Program implementation will be facilitated entirely through government budgetary, financial management and procurement systems. The Program is designed to help build internal institutional capacity during implementation of statistical activities.

Key Program-for-Results components include: financing and supporting the KNBS statistics plans and activities; disbursing finances upon achievement of agreed results; focusing on strengthening institutional capacity and national systems; providing assurance that financial resources are used appropriately and ensuring that environmental and social impacts are adequately addressed. This Program is structured to deliver results in filling data gaps by implementing an integrated survey program. Through the Program, KNBS will also improve the quality of key statistical products and processes and enhance its dissemination and data access practices. As the Program is implemented, critical components of KNBS management systems will also be reviewed and strengthened.