Kenya: Selected Issues

Publication Date:

October 17, 2008

Electronic Access:

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Summary:

This Selected Issues paper on Kenya reviews Kenya’s external stability in a context where the exchange rate has strengthened and capital inflows are playing an increasingly important role. Kenya’s external current account deficit has widened, reflecting strong import volumes as well as rising import prices, particularly for oil, but external debt as a percent of GDP has declined steadily. Underlying these developments have been a steady increase in capital inflows and a remarkable rebound of economic growth since 2003 after two decades of stagnation.

Series:

Country Report No. 2008/337

Subject:

English

Publication Date:

October 17, 2008

ISBN/ISSN:

9781451821192/1934-7685

Stock No:

1KENEA2008002

Pages:

28

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