Kenya : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

Author/Editor:

International Monetary Fund

Publication Date:

February 10, 2011

Electronic Access:

Free Full Text (PDF file size is 1327 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Kenya’s economy is bouncing back following multiple shocks between 2008 and 2009. The program targets a gradual reduction in the central government primary balance through tax reform and strict control of current spending to bring the debt-to-GDP ratio below 45 percent at the end of the program period. Tax policy reform will focus on the VAT, streamlining tax incentives, and eliminating loopholes. Kenya has made significant strides in domestic revenue mobilization, but redesigning the tax structure is a key priority.

Series:

Country Report No. 11/38

Subject:

English

Publication Date:

February 10, 2011

ISBN/ISSN:

9781455217762/1934-7685

Stock No:

1KENEA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

86

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