Kenya : Selected Issues
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Selected Issues paper on Kenya reviews Kenya’s external stability in a context where the exchange rate has strengthened and capital inflows are playing an increasingly important role. Kenya’s external current account deficit has widened, reflecting strong import volumes as well as rising import prices, particularly for oil, but external debt as a percent of GDP has declined steadily. Underlying these developments have been a steady increase in capital inflows and a remarkable rebound of economic growth since 2003 after two decades of stagnation.
Series:
Country Report No. 08/337
Subject:
Capital inflows Coffee Competition Current account deficits Exchange rates Exports External sector Financial stability Gross domestic product Oil prices Public debt Reserves Selected issues
English
Publication Date:
October 17, 2008
ISBN/ISSN:
9781451821192/1934-7685
Stock No:
1KENEA2008002
Format:
Paper
Pages:
28
Please address any questions about this title to publications@imf.org