Kenya: Sixth and Final Review Under the Three-Year Arrangement Under the Extended Credit Facility
IMF Staff Country Reports, December 11, 2013
Source details
- Canonical URL
- Kenya: Sixth and Final Review Under the Three-Year Arrangement Under the Extended Credit Facility
Other formats
Bibliographic details
- Published: December 11, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475592900.002
Program performance and summary findings
- Fiscal consolidation and the introduction of major reforms contributed to the program’s success despite emerging challenges.
- All end-June 2013 quantitative targets were met.
- Net domestic assets and net foreign assets were comfortably within the program bounds.
- The authorities’ primary fiscal balance outcome was in line with the program.
- Priority social expenditure was above the program’s indicative target.
- The IMF staff recommends completion of the review.
Structural benchmarks and compliance
- The structural benchmark on auditing of compliance with value-added tax obligations by 50 large taxpayers before June 2013 was fulfilled.
Subject coverage and keywords
- Subject areas: Banking, Expenditure, External debt, External position, Public debt, Public financial management (PFM)
- Keywords: central bank of Kenya, CR, Global, ISCR, keeping inflation expectation, macroeconomic condition, net, policy, policy ownership, public finance
Publication metadata (as reported)
- Pages: 38
- Volume: 2013
- Issue: 358
- Series: Country Report No. 2013/358
- DOI: https://doi.org/10.5089/9781475592900.002
- Stock No: 1KENEA2013002
- ISBN: 9781475592900
- ISSN: 1934-7685
Source: IMF Staff Country Report — Kenya: Sixth and Final Review Under the Three-Year Arrangement Under the Extended Credit Facility (December 11, 2013).
Content in this bundle
- Executive Summary — _cr13358