IMF Staff Country Reports

Kenya: Requests for an Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Kenya

Publication Date:

April 6, 2021

Electronic Access:

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Summary:

Kenya has been hit hard by the COVID-19 pandemic. Despite a forceful policy response by the authorities, the socio-economic impact has been significant. The shock has also exacerbated the country’s pre-existing fiscal vulnerabilities, pushing Kenya into high risk of debt distress. While the economy is now recovering, fiscal and balance-of-payments financing needs remain sizable over the medium term.

Series:

Country Report No. 2021/072

Subject:

COVID-19 Credit External debt Health International organization Monetary policy Money Public debt Revenue administration

Frequency:

regular