Executive
Board
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Board Discussions
on Kenya:
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October 24, 2012
December 9, 2011
January 31, 2011
December 22, 2009
May 29, 2009
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Article IV Staff Reports
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Projected % Change
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2013
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2014
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Real GDP
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5.8
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6.2
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Consumer Prices
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5.2
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5.0
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Source: World Economic Outlook (April 2013)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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Kenya: Financial Position in the Fund
Transactions with the Fund
IMF Resident Representative
Office in Kenya
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Kenya and the IMF
Updated May 9, 2013
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| IMF Survey Online |
| March 27, 2013 -- IMF Survey : IMF Sees Big Gains from Energy Subsidies Reform
Subsidies are intended to protect consumers by keeping prices low. But many argue subsidies are inefficient and could be replaced with better means of protecting consumers in need. A new IMF paper urges governments the world over to reform subsidies affecting products ranging from coal to gasoline.
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| December 21, 2011 -- IMF Survey: IMF Boosts Loan to Kenya to Help Cope With Regional Drought
The IMF approves a $143 million loan payout to help Kenya cope with the severe drought in the Horn of Africa and higher food and fuel prices. In its regular review of the country’s economy, the IMF says Kenya is preserving the basis for strong growth.
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| August 24, 2011 -- IMF Survey: IMF in Talks on Financing Boost for Drought-hit Africa
The IMF, welcoming international support for drought-hit countries in the Horn of Africa, is discussing with Djibouti and Kenya increasing existing loans to the two East African countries as part of the response. The IMF’s African Department head says there is also room to boost disaster-relief aid effectiveness.
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| February 08, 2011 -- IMF Survey: IMF Lends $508.7 Million to Help Kenya Launch Key Reforms
The IMF approves a $508.7 million loan to back Kenya’s economic program, as the country embarks on reforms arising from the implementation of its new constitution. The program will help Kenya deal with vulnerabilities that could derail its efforts to accelerate growth.
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| March 10, 2010 -- IMF Survey: Africa Rebounding Almost in Line with World Recovery
IMF chief Dominique Strauss-Kahn says he is optimistic about Africa’s economic prospects in the wake of the global economic crisis and that the continent is bouncing back after the recession.
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| March 08, 2010 -- IMF Survey: IMF Chief Highlights Africa's Next Steps for Transformation
After getting through the global economic crisis relatively well, Africa must now address longer term challenges to the continent's future, including governance issues and climate change, to be able to press ahead with the region's economic transformation, says Dominique Strauss-Kahn.
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| March 08, 2010 -- IMF Survey: Africa Seeing Signs of Recovery After Global Crisis—IMF
After getting through the global economic crisis relatively well, Africa must now address longer term challenges to the continent's future, including governance issues and climate change, to be able to press ahead with the region's economic transformation, says Dominique Strauss-Kahn.
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| March 04, 2010 -- IMF Survey: Private Sector Gains Ground in Africa
The growing role of the private sector in Africa has been credited by the head of the IMF's African Department for sustaining foreign investment during the recent global slump. In an interview, Antoinette Sayeh says Africa has demonstrated a new openness.
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| March 04, 2010 -- IMF Survey: Africa Faces Twin Challenges After Global Crisis
With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say, as the IMF's head embarks on a three-country visit to the region.
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| January 08, 2010 -- IMF Survey: IMF Shocks Loan, Policy Changes Help Kenya's Recovery
Less than a year after drawing on an emergency IMF loan, Kenya is showing signs of economic recovery, the IMF says in its regular assessment of the country’s economy. Kenya’s loan drawdown allowed the country to close financing gaps that opened up during 2008.
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| March 09, 2009 -- IMF Survey: IMF Pushes on Aid for Africa, Revival of World Trade Talks
The IMF, worried that economic gains in Africa will slip away because of the global downturn, presses advanced countries to honor, and even scale up, aid commitments and calls for a revival of stalled world trade negotiations.
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