Kenya Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility

Kenya showed poor implementation of policies and weak economic performance under the Poverty Reduction and Growth Facility (PRGF) arrangement. The government formulated a new Economic Recovery Strategy for Wealth and Employment Creation (ERSWEC) aimed to address major macroeconomic vulnerabilities....

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Kenya  |b Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2004 
300 |a 92 pages 
651 4 |a Kenya 
653 |a Public debt 
653 |a Banks 
653 |a Labour; income economics 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Debts, Public 
653 |a Exports and Imports 
653 |a Mortgages 
653 |a International Lending and Debt Problems 
653 |a External debt 
653 |a Social Services and Welfare 
653 |a Labor 
653 |a National Government Expenditures and Related Policies: General 
653 |a International trade 
653 |a Poverty & precarity 
653 |a Banking 
653 |a Imports 
653 |a Depository Institutions 
653 |a Provision and Effects of Welfare Program 
653 |a Debt Management 
653 |a Micro Finance Institutions 
653 |a Debt 
653 |a Trade: General 
653 |a International economics 
653 |a Social welfare & social services 
653 |a Poverty and Homelessness 
653 |a Debts, External 
653 |a Sovereign Debt 
653 |a Expenditure 
653 |a Poverty reduction strategy 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Poverty 
653 |a Public Finance 
653 |a Government Policy 
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520 |a Kenya showed poor implementation of policies and weak economic performance under the Poverty Reduction and Growth Facility (PRGF) arrangement. The government formulated a new Economic Recovery Strategy for Wealth and Employment Creation (ERSWEC) aimed to address major macroeconomic vulnerabilities. Executive Directors emphasized the need for domestic debt reduction, the restructuring of spending, and a sustained implementation of the reform agenda. They suggested that bold reforms will be essential to encourage private investment and to mobilize adequate donor support for the reforms