| Description |
1 online resource (93 pages) : color illustrations |
| Series |
IMF country report, 1934-7685 ; no. 15/31 |
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IMF country report ; no. 15/31.
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| Contents |
Cover; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS; BOXES; 1. Energy Reforms-Increasing Supply, Lowering Costs, and Expanding Access; 2. The Standard Gauge Railway (SGR); OUTLOOK AND RISKS; PROGRAM POLICIES; 3. Program Objectives, Policy Areas and Key Measures; A. Fiscal Policy: Addressing Bottlenecks while Preserving Sustainability; B. Public Financial Management: Mitigating Risks and Increasing Accountability; C. Monetary Policy: Strengthening the Framework, Transitioning to Inflation Targeting; D. Financial Policy: Enhancing Oversight to Mitigate Financial Stability Risks |
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4. Towards a Fully-Fledged Inflation Targeting FrameworkE. Improving Data Provision and Quality: Supporting Policy Making; PROGRAM MODALITIES; A. Access and Phasing; B. Program Conditionality and Monitoring; C. Capacity to Repay the Fund and Risks to the Program; STAFF APPRAISAL; FIGURES; 1. Real Sector; 2. External Sector; 3. Monetary Sector; 4. Fiscal Operations; 5. Financial Sector; 6. Financial Developments; TABLES; 1a. Kenya: Selected Economic Indicators, 2012/13-2018/19; 1b. Selected Economic Indicators, 2013-2019; 2a. Central Government Financial Operations, 2012/13-2018/19 |
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2b. Central Government Financial Operations, 2012/13-2018/19 (percent of GDP)2c. General Government, 2012/13-2018/19; 2d. General Government, 2012/13-2018/19 (percent of GDP); 3a. Monetary Survey, June 2013-December 2015; 3b. Monetary Survey, 2012/13-2018/19; 3c. Monetary Survey, 2013-2019; 4a. Balance of Payments, 2012/13-2018/19; 4b. Balance of Payments, 2012/13-2018/19 (percent of GDP); 4c. Balance of Payments, 2013-2019; 4d. Balance of Payments 2013-2019 (percent of GDP); 5. Financial Soundness Indicators of the Banking Sector |
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6. Kenya: External Financing Needs Arising From Potential Shocks7. Schedule of Reviews and Purchases; 8. Indicators of Fund Credit; 9. External Financing Requirements and Sources, 2012/13-2018/19; 10. Millennium Development Goal Indicators; APPENDIX; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding; ANNEXES; I. Potential Exposure to Sudden Stops and Other Exogenous Shocks in Kenya; II. The Macroeconomic Effects of Scaling up Public Investment in Kenya; III. Debt Sustainability Analysis-Update |
| Summary |
Following the approval of a new constitution in 2010, the authorities have embarked on important reforms including fiscal devolution, VAT reform, and the overhaul of the expenditure management framework. Supported by a three-year ECF, which expired in December 2013 with all six reviews completed, Kenya has consolidated macroeconomic stability. Growth has been robust, inflation contained, debt remained sustainable and reserve buffers increased (Tables 1a and 1b and Figures 1 and 2). This progress in a market-friendly environment has continued to attract the interest of foreign investors. As a result, Kenya is recognized as a frontier market increasingly integrated in global financial markets. A Eurobond debut issue of US$2 billion (the largest in SSA so far) took place successfully in June followed by a $750 million re-tap in December |
| Notes |
"February 2015." |
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"January 16, 2015"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF Web site, viewed February 9, 2015) |
| Subject |
International Monetary Fund -- Kenya
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| SUBJECT |
International Monetary Fund fast |
| Subject |
Fiscal policy -- Kenya
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Value-added tax -- Kenya
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Expenditures, Public.
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Crisis management -- Economic aspects -- Kenya
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Economic development -- Kenya
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International economic integration.
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Economic development
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Economic history
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Expenditures, Public
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Fiscal policy
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International economic integration
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Value-added tax
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| SUBJECT |
Kenya -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85071994
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| Subject |
Kenya
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| Form |
Electronic book
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| Author |
International Monetary Fund.
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| ISBN |
9781484357132 |
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1484357132 |
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1484355237 |
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9781484355237 |
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