Kenya: Third Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Press Release
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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. 2012/097
Subject:
Banking Credit Expenditure Financial institutions Fiscal policy Fiscal stance Loans Money Public debt
English
Publication Date:
April 24, 2012
ISBN/ISSN:
9781475503012/1934-7685
Stock No:
1KENEA2012003
Pages:
47
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