Kenya: 2021 Article IV Consultation; Second Reviews Under the Extended Arrangement Under the Extended Fund Facility and Under the Arrangement Under the Extended Credit Facility, and requests for Modifications of Performance Criteria and Structural Conditionality-Press Release; and Staff Report
IMF Staff Country Reports, December 22, 2021
Source details
- Canonical URL
- Kenya: 2021 Article IV Consultation; Second Reviews Under the Extended Arrangement Under the Extended Fund Facility and Under the Arrangement Under the Extended Credit Facility, and requests for Modifications of Performance Criteria and Structural Conditionality-Press Release; and Staff Report
Other formats
Bibliographic details
- Published: December 22, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781616358709.002
Summary findings
- Kenya’s medium-term economic outlook remains positive, supported by the authorities’ continued firm commitment to their economic program amidst a complex environment.
- Economic recovery is well underway.
- Kenya’s Sustainable Development Goals (SDGs) have suffered significant setbacks.
- Poverty has increased.
- The authorities see the program as providing essential support for sound fiscal management ahead of the 2022 elections.
- The authorities are reinforcing their multi-year fiscal consolidation plan to reduce debt vulnerabilities and preserve priority social and development spending.
Thematic coverage (subjects and keywords)
- Subject: COVID-19; External debt; Government debt management; Health; International organization; Monetary policy; Public debt; Public financial management (PFM); Revenue administration
- Keywords: Africa; authorities' monetary policy stance; COVID-19; debt vulnerability; Global; Government debt management; Kenyan authorities; management information system module; response to the pandemic; Sub-Saharan Africa
International Monetary Fund. African Dept. "Kenya: 2021 Article IV Consultation; Second Reviews Under the Extended Arrangement Under the Extended Fund Facility and Under the Arrangement Under the Extended Credit Facility, and requests for Modifications of Performance Criteria and Structural Conditionality-Press Release; and Staff Report", IMF Staff Country Reports 2021, 275 (2021).
Content in this bundle
- Kenya: IMF staff report excerpt