Kenya : Third Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Press Release

Publication Date: April 24, 2012
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Summary: This paper describes Kenya’s third review under the three-year arrangement under the Extended Credit Facility (ECF) and request for modification of performance criteria. The Executive Board approved a three-year ECF arrangement for Kenya on January 31, 2011, which has been augmented on December 9, 2011 for a total of SDR 488.520 million. The authorities’ primary fiscal balance outcome was in line with the program and consistent with a decline in the government debt-to-GDP ratio. Implementation of structural benchmarks has overall proceeded as expected.
Series: Country Report No. 12/97
Subject(s): Bank supervision | Banking sector | Economic indicators | Extended Credit Facility | Fiscal consolidation | Fiscal reforms | Government expenditures | Staff Reports | Value added tax

Publication Date: April 24, 2012
ISBN/ISSN: 9781475503012/1934-7685 Format: Paper
Stock No: 1KENEA2012003 Pages: 47
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