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

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

April 30, 2013

Electronic Access:

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Summary:

Economic activity in Kenya has remained resilient to uncertainty surrounding the elections, the impact of the European crisis, and security-related concerns. Fiscal policy is in line with the program despite difficulties. International reserves are on the rise, and the deficit of the external current account has shrunk significantly. Key structural reforms to strengthen the institutional framework are under way. A peaceful political transition, strengthened macroeconomic conditions, and structural reforms could unleash Kenya’s growth potential, attract foreign investment, and lay the basis for transforming the country into an emerging-market economy.

Series:

Country Report No. 13/107

Subject:

English

Publication Date:

April 30, 2013

ISBN/ISSN:

9781484390474/1934-7685

Stock No:

1KENEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

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