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230404 ||| eng |
| 020 |
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|a 9798400226045
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| 245 |
0 |
0 |
|a Kenya
|b Fourth Reviews Under the Extended Arrangement under the Extended Fund Facility and under the Arrangement under the Extended Credit Facility, and Requests for Augmentation of Access under the Arrangement under the Extended Credit Facility, and Modifications of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Kenya
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2022
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| 300 |
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|a 131 pages
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| 651 |
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4 |
|a Kenya
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| 653 |
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|a Public debt
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| 653 |
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|a Budget Systems
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Deflation
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| 653 |
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|a Debts, Public
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| 653 |
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|a Exports and Imports
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| 653 |
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|a International Lending and Debt Problems
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| 653 |
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|a External debt
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| 653 |
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|a Budgeting
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| 653 |
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|a International organization
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| 653 |
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|a International institutions
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| 653 |
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|a International Economics
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| 653 |
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|a Budget
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| 653 |
|
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|a Macroeconomics
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| 653 |
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|a National Budget
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| 653 |
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|a International Agreements and Observance
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| 653 |
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|a Inflation
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| 653 |
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|a Revenue administration
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| 653 |
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|a International Organizations
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| 653 |
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|a Monetary economics
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| 653 |
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|a International agencies
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| 653 |
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|a Debt Management
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| 653 |
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|a Debt
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| 653 |
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|a International economics
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| 653 |
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|a Debts, External
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| 653 |
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|a Sovereign Debt
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| 653 |
|
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|a Price Level
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| 653 |
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|a Taxation, Subsidies, and Revenue: General
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| 653 |
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|a Prices
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| 653 |
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|a Monetary policy
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| 653 |
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|a Budgeting & financial management
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
|
| 653 |
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|a Debt sustainability analysis
|
| 653 |
|
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|a Revenue
|
| 710 |
2 |
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|a International Monetary Fund
|b African Dept
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
5 |
0 |
|a 10.5089/9798400226045.002
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2022/382/002.2022.issue-382-en.xml?cid=527248-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Kenya is navigating a turbulent global backdrop marked by volatile commodity prices, slowing growth in key trading partners, and constrained frontier market access to international capital markets. At home, a smooth transition following the August elections demonstrated Kenya’s increasing institutional strengths, while the multi-season drought has worsened food insecurity for vulnerable populations in arid and semi-arid regions and kept food prices elevated. Strong tax overperformance in FY2021/22 helped cushion some of these shocks, and the administration of President Ruto eliminated petrol subsidies in their first week in office. Inflation has breached the central bank (CBK) target band, and monetary policy has been tightened by 175 basis points this year. Foreign reserves are adequate, but lower than previously projected given shortfalls in FY2021/22 external public commercial and project financing, spending cuts in FY2022/23 also extending to externally-financed projects, and the prospects for continued challenging market conditions for frontier economies into 2023
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