{
  "title": "KENYA Staff Report for the 2001 Article IV Consultation: Staff Report for the 2001 Article IV Consultation",
  "publication": "IMF Staff Country Reports, April 19, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/kenya-staff-report-for-the-2001-article-iv-consultation-15784",
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  "summary": "This 2001 Article IV Consultation highlights that Kenya’s economic performance during the past decade has been well below its potential. This reflects the failure to sustain prudent macroeconomic policies and the slow pace of structural reform.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- Kenya’s economic performance during the past decade has been well below its potential.\n- The poor performance reflects the failure to sustain prudent macroeconomic policies and the slow pace of structural reform.\n- Kenya’s real per capita GDP is now lower than it was in 1990.\n- Poverty is much more prevalent compared with a decade earlier.\n- Executive Directors commended the authorities for achieving a measure of macroeconomic stability during recent years, in difficult circumstances.\n- Executive Directors stressed the importance of departing from the “stop-go” policies of the 1990s to help obtain tangible results."
    },
    {
      "heading": "Key subject areas and keywords",
      "content": "- Subject: Banking, Commercial banks, Corruption, Crime, Expenditure, External debt, Financial institutions, Public debt\n- Keywords: Commercial banks, Corruption, CR, debt service, East Africa, GDP, government, government move, ISCR, KACA case, Kenya, Kenyan authorities, Southern Africa, tariff reform strategy"
    },
    {
      "heading": "Policy emphasis and recommendations (as highlighted)",
      "content": "- Sustain prudent macroeconomic policies to reverse the decline in real per capita GDP.\n- Accelerate structural reforms to address the underlying causes of weak growth and increased poverty.\n- Move away from “stop-go” policy cycles characteristic of the 1990s to achieve tangible, sustained results.\n- Maintain and deepen measures that have contributed to recent macroeconomic stability.\n\nSource: KENYA Staff Report for the 2001 Article IV Consultation: Staff Report for the 2001 Article IV Consultation (IMF Staff Country Reports), April 19, 2002.\n\n---\n\n Content in this bundle\n\n- cr0285\n  - cr0285 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0285 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: April 19, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451821086.002",
    "Kenya’s economic performance during the past decade has been well below its potential.",
    "The poor performance reflects the failure to sustain prudent macroeconomic policies and the slow pace of structural reform.",
    "Kenya’s real per capita GDP is now lower than it was in 1990.",
    "Poverty is much more prevalent compared with a decade earlier.",
    "Executive Directors commended the authorities for achieving a measure of macroeconomic stability during recent years, in difficult circumstances.",
    "Executive Directors stressed the importance of departing from the “stop-go” policies of the 1990s to help obtain tangible results.",
    "Subject: Banking, Commercial banks, Corruption, Crime, Expenditure, External debt, Financial institutions, Public debt",
    "Keywords: Commercial banks, Corruption, CR, debt service, East Africa, GDP, government, government move, ISCR, KACA case, Kenya, Kenyan authorities, Southern Africa, tariff reform strategy",
    "Sustain prudent macroeconomic policies to reverse the decline in real per capita GDP.",
    "Accelerate structural reforms to address the underlying causes of weak growth and increased poverty.",
    "Move away from “stop-go” policy cycles characteristic of the 1990s to achieve tangible, sustained results.",
    "Maintain and deepen measures that have contributed to recent macroeconomic stability.",
    "**_cr0285**"
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