## Kenya: Fiscal Transparency Evaluation

_IMF Staff Country Reports, July 12, 2016_

## Source details

**Canonical URL:** [Kenya: Fiscal Transparency Evaluation](https://www.imf.org/en/publications/cr/issues/2016/12/31/kenya-fiscal-transparency-evaluation-44070)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/kenya-fiscal-transparency-evaluation-44070/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/kenya-fiscal-transparency-evaluation-44070/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/kenya-fiscal-transparency-evaluation-44070/bundle-manifest.json)

## Bibliographic details
- Published: July 12, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475538069.002

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### Summary and key findings
- The paper discusses key findings of the Fiscal Transparency Evaluation of Kenya.
- Since 2010, the Treasury has made important changes in Kenya’s public financial management framework, the impact of which can clearly be seen in its performance against the Fiscal Transparency Code.
- The prospects for quick improvements in the fiscal reporting area are clearly within the grasp of the National Treasury.
- Fiscal forecasting and budgeting practices are generally in line with good practice under the Fiscal Transparency Code, reflecting more than a decade of experience with medium-term budgeting and preparing and presenting macro frameworks.

### Fiscal reporting and public financial management reforms
- Important changes in Kenya’s public financial management framework have been undertaken since 2010.
- Performance against the Fiscal Transparency Code shows clear evidence of those reforms.
- Quick improvements in fiscal reporting are feasible and within the capacity of the National Treasury.

### Fiscal forecasting and budgeting practices
- Fiscal forecasting and budgeting practices are generally in line with good practice under the Fiscal Transparency Code.
- These practices reflect more than a decade of experience with medium-term budgeting and preparing and presenting macro frameworks.

### Scope and subject coverage
- Subject: Budget planning and preparation, Expenditure, Financial statements, Fiscal risks, Public debt, Public financial management (PFM)
- Keywords: Africa, annual budget, balance sheet, Budget planning and preparation, budget year, cash basis, central government, county government, CR, cross holdings, Financial statements, Fiscal risks, General government unit, government guarantee scheme, government support, gross revenue, ISCR, national budget, policy area, public finance, real GDP, state corporation

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## Content in this bundle

- **Kenya: Fiscal Transparency Evaluation; IMF Country Report No. 16/221, July 2016**
  - [Kenya: Fiscal Transparency Evaluation; IMF Country Report No. 16/221, July 2016 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16221.pdf.md){rel="alternate" type="text/markdown"}
  - [Kenya: Fiscal Transparency Evaluation; IMF Country Report No. 16/221, July 2016 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16221.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/kenya-fiscal-transparency-evaluation-44070_