67824 Kenya: Kenya Transparency and Infrastructure Project Regional Communications Infrastructure Program (APL1) SUMMARY OF DISCUSSION Meeting of the Executive Directors March 29, 2012 The Executive Directors approved an additional credit to the Republic of Kenya for the Kenya Transparency and Communications Infrastructure Project in the amount of SDR 35.6 million (US$55.1 million equivalent) on the payment terms and conditions set out in the President’s Memorandum (IDA/R2012-0064). Directors expressed support for the project and the activities being proposed to support the Government’s strategy and efforts to enhance public sector management. Directors also noted the project’s alignment with the Country Assistance Strategy, plans for transformation of Kenya’s political governance system under Vision 2030 and the draft Public Finance Management Reform Strategy (2011-2016). Directors underscored the importance of establishing partnerships with the private sector to further government goals and replicate the project within the region. Directors emphasized the need for utmost diligence in implementation of the project as well as coordination with other countries participating in the program.  This summary is not an approved record.