Kenya Resident Representative Site
Resident Representative Office in Kenya
This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Kenya and the IMF. Additional information can be found on Kenya and IMF country page, including official IMF reports and Executive Board documents in English that deal with Kenya.
News and Highlights
The International Monetary Fund sent a mission to Kenya two weeks ago for the first review of the performance of the bank's ongoing extended credit facility-supported programme. The IMF team is also looking at government policies and budget execution with Kenya's Finance Ministry. The mission's chief, Domenico Fanizza, joins ABN from our Nairobi studios, to discuss the bank's visit to the state.
Kenya and The IMF
Kenya: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for a Waiver and Modification of Performance Criteriaâ€”Staff Report; Staff Supplement; and Press Release
April 30, 2013
Series: Country Report No. 13/107
Press Release: IMF Executive Board Completes Fifth Review Under the ECF Arrangement for Kenya and Approves US$108.5 Million Disbursement
Press Release: IMF Regional Technical Assistance Center for East Africa Scales Up Activities; External Evaluation Commends Very Strong Performance
March 28, 2013
PDF File Size: 479Kb
Regional Economic Outlook for Sub-Saharan Africa
Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 5¼ percent a year in 2012–13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US–the so called fiscal cliff.