Kenya : Ex Post Assessment of Longer-Term Program Engagement

Author/Editor:

International Monetary Fund

Publication Date:

October 17, 2008

Electronic Access:

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Summary:

This paper discusses key findings of the Ex Post Assessment (EPA) of Longer-Term Program Engagement paper for Kenya. This EPA focuses on 1993–2007, when Kenya was engaged in four successive IMF arrangements. Macroeconomic policy design was broadly appropriate, and implementation was generally sound. Growth slowed in the 1990s, but picked up after the 2002 elections, reflecting buoyant global conditions, structural reforms, and a surge of private capital inflows. Monetary policies were complicated by a reluctance to allow for full interest and exchange rate flexibility.

Series:

Country Report No. 08/338

Subject:

English

Publication Date:

October 17, 2008

ISBN/ISSN:

9781451821208/1934-7685

Stock No:

1KENEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

62

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