Kenya : Staff Report for the 2018 Article IV Consultation and Establishment of Performance Criteria for the Second Review Under the Stand-by Arrangement

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

October 23, 2018

Electronic Access:

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Summary:

Kenya has enjoyed strong growth in recent years and external imbalances have narrowed, strengthening resilience to shocks. The business environment continues to improve, supporting private investment. However, a severe drought, an extended presidential election, and weak bank lending—due in part to interest rate controls—slowed growth in 2017. With better weather and a stable political environment, growth should improve in 2018. But public debt has risen as revenue shortfalls have not been matched by spending cuts.

Series:

Country Report No. 18/295

Subject:

English

Publication Date:

October 23, 2018

ISBN/ISSN:

9781484381311/1934-7685

Stock No:

1KENEA2018002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

95

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