World Bank Document

Total Page:16

File Type:pdf, Size:1020Kb

World Bank Document OFFICIAL 16.,1- 39,? Upper H l9puMENTS The World Bank Hill Park, .Z4-20)3226000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT P.O. Box 30577-0 INTERNATIONAL DEVELOPMENT ASSOCIATION Nairobi, Kenya Fax:(254-20)3226382 February 25, 2013 Hon. Robinson Njeru Githae Public Disclosure Authorized Minister for Finance Ministry of Finance Treasury Building Nairobi Dear Hon Githae: Re: Kenya: Financial and Legal Sector Technical Assistance Project-FLSTAP (Cr. No. 3992-KE) Amendment to the Development Credit Agreement Public Disclosure Authorized We refer to the Development Credit Agreement dated November 16, 2004 (the Agreement) between the Republic of Kenya (the Borrower) and the International Development Association (the Association) (as amended). We also refer to your letter dated February 08, 2013 requesting an amendment to the Agreement to increase the Special Account ceiling and revise the disbursement percentages. We are pleased to iiform you that the Association concurs with your request and proposes to amend the Agreement as follows: 1. The table set forth in Section A. 1 of Schedule 1 to the Agreement is deleted in its entirety and replaced with the table set forth in the Annex to this letter. Public Disclosure Authorized 2. Paragraph I of Annex A to Schedule 1 to the Agreement is amended by replacing the words "US$ 2,000,000" with US $4,000,000. All other provisions of the Agreement, except as herein amended, shall remain in full force and effect. Public Disclosure Authorized Hon. Robinson Njeru Githae 2 February 25, 2013 Please indicate your agreement with the foregoing amendment by countersigning on the two original copies of this letter and returning one original countersigned copy to us. Upon receipt by the Association of this countersigned copy, this amendment shall become effective as of the date of its countersignature. Sincerely, INTERNATIONAL DEVELOP [NT ASSOCIATION Johannes Zutt Country Director for Kenya Africa Region CONFIRMED: REPUBLIC OF KENYA By:n uthorized Representative Name: 12")41,kc Title: _ _ _ _ _ _ _ _ _ Date: __ Is___ _ Hon. Robinson Njeru Githae 3 February 25, 2013 Annex Category Amount of the Credit Percentage of Expenditures to be Allocated (Expressed in Financed SDR Equivalent) (inclusive of Taxes) (1) Goods & 5,280,000 67%; once DFID funds are fully Equipment utilized, 100% (2) Consultant Services 4,650,000 62%; once DFID funds are fully including Audit utilized, 100% (3) Training and 1,750,000 60%; once DFID funds are fully Workshops utilized, 100% (4) Operating Costs 466,184 53%; once DFID funds are fully utilized, 100% (5) Refunding of PPF 53,816 Amount due pursuant to Section 2.02(b) of this Agreement (6) Unallocated 0 TOTAL AMOUNT 12,200,000.
Recommended publications
  • CAPSTONE 20-2 Africa Field Study Trip Book Part II
    CAPSTONE 20-2 Africa Field Study Trip Book Part II Subject Page Djibouti ....................................................................... CIA World Fact Book .............................................. 2 BBC Country Profile ............................................... 21 Culture Gram .......................................................... 26 Kenya ......................................................................... CIA World Fact Book .............................................. 35 BBC Country Profile ............................................... 56 Culture Gram .......................................................... 60 Niger .......................................................................... CIA World Fact Book .............................................. 70 BBC Country Profile ............................................... 90 Culture Gram .......................................................... 94 Senegal ...................................................................... CIA World Fact Book .............................................. 103 BBC Country Profile ............................................... 123 Culture Gram .......................................................... 128 Africa :: Djibouti — The World Factbook - Central Intelligence Agency Page 1 of 19 AFRICA :: DJIBOUTI Introduction :: DJIBOUTI Background: The French Territory of the Afars and the Issas became Djibouti in 1977. Hassan Gouled APTIDON installed an authoritarian one-party state and proceeded to serve as president
    [Show full text]
  • Annual Public Debt Report 2011-2012 Message from the Minister for Finance
    REPUBLIC OF KENYA MINISTRY OF FINANCE ANNUAL PUBLIC DEBT REPORT JULY 2011 – JUNE 2012 December 2012 MINISTER FOR FINANCE Hon. Robinson Njeru Githae, EGH, MP PERMANENT SECRETARY Joseph K. Kinyua, CBS FINANCIAL SECRETARY Mutua Kilaka, SS, CBS DIRECTOR OF DEBT MANAGEMENT John K. Murugu, OGW TECHNICAL TEAM Felister Kivisi Stella Osoro Faith Njau Charles Kairu Benard Gibet Lawrence Okwaro George Kariuki Denis Okungu Leonard Thotho Racheal Njoroge Robert Osudi The Public Debt Report is an annual publication of the Ministry of Finance. Repro- duction in full or in part is permitted provided due acknowledgement of the source is made. This Report is available on the Treasury website www.treasury.go.ke. Other reports that may be downloaded include the Monthly Debt Bulletin and the Quarterly Eco- nomic and Budgetary Review (QEBR). The Central Bank’s website www.centralbank. go.ke hosts the Monthly Economic Review and Weekly Bulletin. Enquiries covering the publication should be addressed to: The Director, Debt Management Department, First Floor, Treasury Building, Harambee Avenue P.O. Box 30007-00100, Nairobi, Kenya Tel: (254) 20 2252299 Fax: (254) 20 315294 Email: [email protected] Table of Contents Message from the Minister for Finance iv Message from the Permanent Secretary v List of Abbreviations vi Executive Summary vii Introduction 1 1. Financing of Budget Deficit 2 2. Domestic Debt 8 3. External Debt 19 4. Publicly Guaranteed Debt 24 5. On-Lent Loans and Contingent Liabilities 27 6. Disputed External Commercial Debt 30 7. Debt Strategy and Debt Sustainability 33 8. Reforms in Public Debt Management 37 9.
    [Show full text]
  • Drivers of Insolvency Reforms in Kenya Fancy Chepkemoi TOO*
    (2016) 4(1) NIBLeJ 5 Drivers of Insolvency Reforms in Kenya Fancy Chepkemoi TOO* Abstract Insolvency frameworks have increasingly become a subject of reform activities all over the world. In fundamental nature, the importance of reforming these regulations is generally recognised but the velocities at which the reforms are realised in different jurisdictions significantly differ. Besides opinions differ as to what the drivers for such reforms are, or ought to be, in a country. How can Kenya’s slow progress and rate of regulatory changes, or lack of them, be explained? Some scholars believe in internal factors, such as the importance of history, social norms or political factors, such as leadership, democracy and/or some form of state centralisation. Others identify the relevance of external factors, in particular international trade or globalisation, with some emphasising the influence of reforms by neighbouring countries through regional integration. In essence, the reform drivers are arguably many and bear some similarity in all jurisdictions. However, the degree of influence of each of the drivers varies in different jurisdictions. In Kenya, insolvency reforms were recently realised with the enactment of the Insolvency Act 2015, yet attempts to reform started in the early 1990s. This article examines the Kenyan reform pathways by identifying and investigating the reform drivers of corporate insolvency law within the wider area of business reforms in Kenya. Nottingham Insolvency and Business Law e-Journal Introduction 1 Reforming insolvency laws has increasingly become a subject of global interest and it will predictably remain so as part of the processes under which the jurisdictions of the world are becoming more integrated.
    [Show full text]
  • 1 Chapter 19 Presidents and Premiers of Kenya And
    CHAPTER 19 PRESIDENTS AND PREMIERS OF KENYA AND AFRICA ASSESSED: KENYATTA 1, MOI, KIBAKI AND KENYATTA II AND BEYOND This Draft Chapter may be cited as: Ben Sihanya (forthcoming 2019) “Presidents and Premiers of Kenya and Africa Assessed: Kenyatta 1, Moi, Kibaki and Kenyatta II and Beyond,” in Ben Sihanya (2019) Constitutional Democracy, Regulatory and Administrative Law in Kenya and Africa Vol. 2: Presidency, Premier, Legislature, Judiciary, Commissions, Devolution, Bureaucracy and Administrative Justice in Kenya, Sihanya Mentoring & Innovative Lawyering, Nairobi & Siaya. 19.1 Presidents and Premiers of Kenya, 1963-2019 How have the presidents performed on the basis of life, liberty, land (property) and the pursuit of prosperity or happiness? What Afro-Kenyanist approach can be used to assess and judge performance of presidents and premiers in Kenya and Africa? 19.1.1 Jomo Kenyatta (12 . 12 .1964 - 22 . 8 . 1978) The institution of the Presidency in Kenya was first held by President Jomo Kenyatta. At independence, executive authority was vested in the Queen of England and exercised on her behalf by the Governor-General. A Prime Minister was appointed by the Governor-General from among members of the House of Representatives. The institution of the Presidency was a creation of the first constitutional amendment (Act No. 28 of November 24, 1964). This amendment abolished the office of Prime Minister and created the office of an executive and powerful President who became the Head of State, Head of Government, and Commander-in- Chief of the Armed Forces. 19.2.2 Assumption of Presidency by Kenyatta Kenyatta was then declared President in December 1964 by constitutional or Parliamentary fiat.1 No elections were held in order to give all Kenyans an opportunity to elect a President of their choice; nor was a referendum held on this fundamental constitutional change.
    [Show full text]
  • THE KENYA GAZETTE 3Rd January, 2003
    1 tl :% eç l . i J. N ; I *% . +l % ' ) . T H E K E N Y A G A Z E T T E PublYhed by Authority of the Republic of Kenya , (Registered as a Newspaper at the G.P.0.) = 7 - - E . Vol. CV- NO. 1 NAIROBI, 3rd January, 2003 Price Sh. 40 CONTENTS GAZETTENOTICES GAZE'ITE NOTICES-VCINIIZ) PAGE PAGE The National Cereals and Produce Board Act AppoJlnt- The Ministry of Agriculture and Rural Development- llltrlt ()fr (:)l11t iIIrIIt l1, (,t(; . .. .. .. .. .. .. .. ., .. .. .. 2 Loss of Local Servièe Order .. The Environmenml M anagement and Co-ordination Change of Names .. .. .. .. .. .. .. Act-vAppointment of Chainnan .. .. .. .. .. .. 2 n e State Corporations Act - Appointment of Chairman 2 SUPPLEMENT N*. 123 Legislative Supplement The Agriculture Act- Appointment of a Board Member 2 LEGAL NOTICE NO. PAGE The Public Holidays Act Dedaration of a Public 381-The Customs and Excise (Refund of Dutyl % 2 (7rder, :!()():! .. .. .. .. .. .. .. .. .. .. .. .. .. 1 *7 t; 1 The Local Government Act- Appointment of Board 382- The Kenya Airports Authority Levy Order. n e Oaths and Statutory Deçlarations Act Commis- 3 383-The Coffee'tGrowçr's Levy) Order, 1002 .. 1762 The Registered Land Acs- lssue of New I-rand Title 384-The Coffee (Application Fees) Rules, 2001.. 1762 Deeds, etc. 385-The Sugar (llnposition of Levy) Order, 2002 .. 1763 Probate and Adminiseatiön .. 5-16 38&-The Meat Control Act- Declaration .. .. .. 1764 nxe National Assembly and Presidential Elecsions Açt Results of Parliamentary Elections .. .. .. .. (Published as Special Issue on 24th December, 2002) 'Ihe Tmde Unions Aqt--Registration .. .. ..' .. .- .. .. 20-21 The Capjtal Markets Authority Act Nositkatilm of SUPPLEMENT Nm IM 21 u gisladve Am lc/rlent The Companies Act hange of Receivers and LEGAL NOTICE N().
    [Show full text]
  • University of Nairobi Distinguished Alumni
    UNIVERSITY OF NAIROBI DISTINGUISHED ALUMNI DATABASE MAY 7, 2021 EXECUTIVE Deputy President of the Republic of Kenya William Samoei Ruto is the First elected Deputy President of the Republic of Kenya and was sworn into office on April 9th, 2013. The Deputy President is the principal assistant of the President and he deputises the President in the execution of the President’s functions. He holds Doctorate degree in Plant Ecology (2018), MSc in Plant Ecology (2008) and Bachelor of Science (B. Sc) degree in Botany and Zoology (1990) from the University of Nairobi Cabinet Secretaries (CSs) Cabinet Secretary, Ministry of Interior and Coordination of National Government Dr. Fred Okengo Matiang'i is the current Cabinet Secretary for the Ministry of Interior and Coordination of National Security in Kenya. He assumed office on 7 July 2017 on acting capacity after the sudden Demise of Gen Joseph ole Nkaissery. He took up the full position of Cabinet Secretary for Internal Security and Coordination of National Government after being appointed by President Uhuru Kenyatta in January 2018 in the president's second comprehensive cabinet appointments. On the 22nd of January 2019, President Uhuru Kenyatta, through Executive Order Number 1 of 2019, appointed him chairperson of the National Development Implementation and Communication Cabinet Dr. Fred Okengo Committee. The committee is composed of all Cabinet Secretaries, Matiang’i The Attorney-General and the Head of the Public Service who acts as the secretariat. He holds 2 PhD in Communication and comparative literature and Masters of Arts in English from the University of Nairobi Cabinet Secretary Ministry of Transport, Infrastructure, Housing, Urban Development & Public Works James Wainaina Macharia is the Cabinet Secretary in the ministry of Transport and Infrastructure.
    [Show full text]
  • THE KENYA GAZETTE Published by Authority of the Republic of Kenya
    SPECIAL ISSUE THE KENYA GAZETTE Published by Authority of the Republic of Kenya (Registered as a Newspaper at the G.P.O.) Vol. CIX—No.I03 NAIROBI, 30th December, 2007 Price Sh. 50 GAZETTE NOTICE No 12612 GAZETTE NOTICE No. 12614 THE CONSTITUTION OF KENYA THE LOCAL GOVERNMENT ACT THE NATIONAL ASSEMBLY AND PRESIDENTIAL ELECTIONS ACT (Cap. 265) (Cap. 7) THE LOCAL GOVERNMENT ELECTION RULES AND ■•■ THE PRESIDENTIAL AND PARLIAMENTARY ELECTIONS NOTICE OF COUNTERMANDED ELECTION REGULATIONS The Electoral Commission of Kenya gives notice that it DECLARATION OF PERSON ELECTED PRESIDENT countermanded the local government election which was set to be held on 27th December 2007 in electoral areas specified in the second IN EXERCISE of the powers conferred by the provision of section column of the Schedule here being in the constituencies and the local 5 (3), (t) of the Constitution of Kenya and regulation (40) (2) (a) of the authorjties listed in the first and second columns respectively of the Presidential and Parliamentary Elections Regulations, the Electoral Schedule on the grounds that the ballot papers for the election were Commission of Kenya declares that-- invalid. SCHEDULE MWAI ICE3Aro Local Authority Constituency Electoral Area hat been elected the President of the Republic of Kenya being the City of Nairobi Kasarani Githurai petson who received the greatest number of votes in the election held on 27th becember, 2007, and complied with the provisions of section City of Nairobi Makadara Nairobi South 5 of the Constitution. City of Nairobi Westlands Kitsuru Dated the 30th December, 2007. City of Nairobi Limgata Laini Shabaa S.
    [Show full text]
  • Download PDF (827.4
    SPECIAL ISSUE THEKENYA GAZETTE Published by Authority of the Republic of Kenya (Registered as a Newspaperat the G.P.O.) ~ Vol. CIX—No.103° NAIROBI, 30th December, 2007 Price Sh. 50 "GAZETTE NOTICENo’ 12612 “a GAZETTE NOTICE No. 12614 we THE CONSTITUTION OF KENYA THE LOCAL GOVERNMENT ACT _ THE NATIONAL ASSEMBLY AND PRESIDENTIAL ELECTIONS ACT (Cap. 265) (Cap. 7) THE LOCAL GOVERNMENT ELECTION RULES AND ~ THE PRESIDENTIAL AND PARLIAMENTARY ELECTIONS NOTICE OF COUNTERMANDED ELECTION REGULATIONS The Electoral Commission of Kenya gives. notice that it DECLARATION OF PERSON ELECTED PRESIDENT countermanded the local governmentelection which was set to be held on 27th December. 2007 in electoral areas specified in the second IN EXERCISEofthe powers conferred by the provision of section columnof the Schedule here being in the constituencies and the local 5 (3), () of the Constitution of Kenya and regulation (40)(2) (a) of the authorjties listed in the first and second columns respectively of the ’ Presidential and Parliamentary Elections Regulations, the Electoral Schedule on the grounds that the ballot papers for the election were Commission of Kenya declares that— invalid. MwAl KIBAKI» , me SCHEDULE Local Authority Constituency _ Electoral Area has been elected the President of the Republic of Kenya being the -City ofNairobi Kasarani Githurai person whoreceived the greatest number ofvotes in the election held on 27th December, 2007, and complied with the provisions of section City ofNairobi Makadara Nairobi South 5 of the Constitution. City of Nairobi Westlands Kitsuru Dated the 30th December, 2007. City ofNairobi ' Langata Laini Shabaa SM KIVUITU, = Chairman, City of Nairobi Embakasi Savanna Electoral CommissionofKenya.
    [Show full text]
  • Settler-Missionary Alliance in Colonial Kenya and the Land Question
    Article Settler-Missionary Alliance in Colonial Kenya and the Land Question Julius Gathogo http://orcid.org/0000-0002-1718-0082 Kenyatta University, Kenya Research Fellow, University of South Africa [email protected] Abstract This article sets out to demonstrate the hugger-muggers that oiled the existence of an unholy alliance between European settler-farmers and missionaries—the Anglicans and Presbyterians and/or the Protestant wing in particular—in 20th century Kenya and East Africa, and especially on land policies. With land for settlement being the key factor to both missionaries and settler-farmers, the land question undoubtedly became one of the major factors that glued them together in colonial Kenya (1895–1963). Was the settler-missionary alliance meant to hurt the same people whom the missionaries had come to convert to the God of Christendom? Most importantly, how did the missionaries relate with the African chiefs regarding the land question, especially with reference to Kirinyaga County of central Kenya? This further drives us to wonder: Was the Devonshire White Paper of 1923 and/or the Indian Question related to the land question? The article sets out on the premise that while land remained the most prized commodity in colonial Kenya (1895–1963) and the entire 20th century, the 21st century has seen the church—and especially the afro-Pentecostal wing of the church—focusing on money and wealth without necessarily focusing on land. In its methodology, the article has heavily relied on archival resources, unpublished works, and field work materials, especially with regard to Kirinyaga County of central Kenya where oral sources on missionaries and land acquisition were sought.
    [Show full text]
  • THE KENYA GAZETTE Published by Authority of the Republic of Kenya
    SPECIAL ISSU& HIGH COURT LIBRARY NAIROBI THE KENYA GAZETTE Published by Authority of the Republic of Kenya (Registered as a Newspaper at the G.P.O.) Vol. CX—No. II NAIROBI, 1st February, 2008 Price Sh. 50 GAZETTE NOTICE No. 652 THE CONSTITUTION OF KENYA THE NATIONAL ASSEMBLY AND PRESIDENTIAL ELECTIONS ACT (Cap. 7) THE NATIONAL ASSEMBLY ELECTIONS (ELECTION PETITION) RULES APPOINTMENT OF ELECTION COURTS IN EXERCISE of the powers conferred by section 60 (5) of the Constitution of Kenya and section 19 of the National Assembly And Presidential Elections Act, the Chief J ustice of the Republic of Kenya directs that the Election Petitions whose details are given hereunder shall be heard in the • High Court of Kenya by Election Courts comprising of the Judges and sitting at the court stations indicated, respectively, in the sixth and seventh columns of the schedule below on such dates to be fixed by the Election Courts on priority basis in terms of , section 19 (4) of the said Act. The Election Courts will give directions as to the hearing of the petitions during Mentions thereof on Monday, the 11th February, 2008 except where otherwise indicated in the schedule. SCHEDULE Election Petition No. Petitioner Respondents Constituency Election Court High Court Station Nairobi John Koyi Waluke 1. Moses Masika Wetangula The Hon. Lady Justice Bungoma EP No. 1/08 2. Electoral Commission of Sirisia Wanjiru Karanja Kenya Mention on 11th 3. James Kulubi Omwangwe. February, 2008 Nairobi Eliphaz Wesangula I. His Excellency President The Hon. Justice Joseph Nairobi EP No. 2/08 Keya. Mwai Kibaki Juja and Moto Nyamu; The Hon.
    [Show full text]
  • The Political Economy of Basel Adoption in Kenya: a Case of Alignment of Donor, Government and Banking Sector Interests
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Upadhyaya, Radha Working Paper The political economy of Basel adoption in Kenya: A case of alignment of donor, government and banking sector interests GEG Working Paper, No. 131 Provided in Cooperation with: University of Oxford, Global Economic Governance Programme (GEG) Suggested Citation: Upadhyaya, Radha (2017) : The political economy of Basel adoption in Kenya: A case of alignment of donor, government and banking sector interests, GEG Working Paper, No. 131, University of Oxford, Global Economic Governance Programme (GEG), Oxford This Version is available at: http://hdl.handle.net/10419/196387 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under
    [Show full text]