{
  "title": "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",
  "publication": "IMF Staff Country Reports, December 22, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/12/22/kenya-2021-article-iv-consultation-second-reviews-under-the-extended-arrangement-under-the-511263",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2021/12/22/kenya-2021-article-iv-consultation-second-reviews-under-the-extended-arrangement-under-the-511263",
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  "summary": "Kenya’s medium-term economic outlook remains positive, supported by the authorities’ continued firm commitment to their economic program amidst a complex environment.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- Kenya’s medium-term economic outlook remains positive, supported by the authorities’ continued firm commitment to their economic program amidst a complex environment.\n- Economic recovery is well underway.\n- Kenya’s Sustainable Development Goals (SDGs) have suffered significant setbacks.\n- Poverty has increased.\n- The authorities see the program as providing essential support for sound fiscal management ahead of the 2022 elections.\n- The authorities are reinforcing their multi-year fiscal consolidation plan to reduce debt vulnerabilities and preserve priority social and development spending."
    },
    {
      "heading": "Thematic coverage (subjects and keywords)",
      "content": "- Subject: COVID-19; External debt; Government debt management; Health; International organization; Monetary policy; Public debt; Public financial management (PFM); Revenue administration\n- 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\n\nInternational 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).\n\n---\n\n Content in this bundle\n\n- Kenya: IMF staff report excerpt\n  - Kenya: IMF staff report excerpt (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Kenya: IMF staff report excerpt (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 22, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781616358709.002",
    "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.",
    "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",
    "**Kenya: IMF staff report excerpt**"
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