Kenya : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

 
 
Publication Date: February 10, 2011
 
Electronic Access: Free Full text (PDF file size is 1,327KB).
Use the free Adobe Acrobat Reader to view this PDF file

 
Summary: Kenya’s economy is bouncing back following multiple shocks between 2008 and 2009. The program targets a gradual reduction in the central government primary balance through tax reform and strict control of current spending to bring the debt-to-GDP ratio below 45 percent at the end of the program period. Tax policy reform will focus on the VAT, streamlining tax incentives, and eliminating loopholes. Kenya has made significant strides in domestic revenue mobilization, but redesigning the tax structure is a key priority.
 
Series: Country Report No. 11/48
Subject(s): Economic growth | Economic indicators | Economic recovery | Extended Credit Facility | Fiscal consolidation | Governance | Letters of Intent | Reserves accumulation | Staff Reports

 
English
Publication Date: February 10, 2011
ISBN/ISSN: 9781455217762/1934-7685 Format: Paper
Stock No: 1KENEA2011001 Pages: 86
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
English
Publication Date: February 10, 2011
Format: Paper
Stock No: KENEA2011001 Pages: 85
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
Please address any questions about this title to publications@imf.org