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

Electronic Access:

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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:

English

Publication Date:

April 24, 2012

ISBN/ISSN:

9781475503012/1934-7685

Stock No:

1KENEA2012003

Pages:

47

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