Kenya : Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility

 
 
Publication Date: January 08, 2004
 
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Summary: Kenya showed poor implementation of policies and weak economic performance under the Poverty Reduction and Growth Facility (PRGF) arrangement. The government formulated a new Economic Recovery Strategy for Wealth and Employment Creation (ERSWEC) aimed to address major macroeconomic vulnerabilities. Executive Directors emphasized the need for domestic debt reduction, the restructuring of spending, and a sustained implementation of the reform agenda. They suggested that bold reforms will be essential to encourage private investment and to mobilize adequate donor support for the reforms.
 
Series: Country Report No. 03/399
Subject(s): Kenya

 
English
Publication Date: January 08, 2004
ISBN/ISSN: 9781451821109/1934-7685 Format: Paper
Stock No: 1KENEA0052003 Pages: 92
Price:
US$15.00 (Academic Rate:
US$15.00 )
 
 
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