Kenya First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waivers and Modification of Performance Criteria: Staff Report; Press Release

Based on the economic development and policies of Kenya, the staff report was prepared. GDP growth was broadly supported by both private and public investment. Policy issues related to monetary tightening to reign in inflationary expectations, medium-term, monitoring and emerging financial risks and...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Based on the economic development and policies of Kenya, the staff report was prepared. GDP growth was broadly supported by both private and public investment. Policy issues related to monetary tightening to reign in inflationary expectations, medium-term, monitoring and emerging financial risks and gradual fiscal consolidation are discussed. A waiver for the nonobservance of the performance criteria on net domestic asset (NDA) and net international reserves (NIR) is outlined. A comprehensive public financial management at both the central and county government levels was introduced as a structural reform
Physical Description:60 pages
ISBN:9781455294701