Kenya : Third Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2009/018

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (63 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Language Note:

English

Summary:

This paper presents findings of the Third Review under the poverty reduction and growth facility arrangement for Kenya. The sharp spending increase budgeted for 2007/08 could exert pressures on domestic prices and compromise project quality, but the authorities are taking steps to mitigate these risks. Authorities are committed to fully implementing the budget only if nonfood inflation remains low and project quality is maintained. Some aspects of governance have improved, but challenges remain. Structural reforms in public financial management need to be broadened and financial sector reforms accelerated.

Contents:

Cover; Contents; Executive Summary; I. Introduction; II. Solid Macroeconomic Achievements; III. Uneven Progress in Governance and Structural Reforms; IV. Safeguarding Macroeconomic Stability for 2007/08; Box; 1. Missed Policy Measures and Corrective Actions; A. Fiscal Policy and PFM; B. Monetary, Exchange Rate, and Financial Sector Policies; C. Governance and Structural Reforms; D. External Financing; V. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2005/06-2009/10; 2. Central Government Financial Operations, 2005/06-2009/10; 3. Monetary Survey, June 2006-December 2007

4. Balance of Payments, 2005/06-2009/105. Financial Soundness Indicators, December 2003-August 2007; 6. Disbursement Schedule Under the PRGF Arrangement; 7. External Financing Requirements and Resources, 2005/06-2008/09; 8. External Debt Indicators, 2005-10; 9. Actual and Projected Payments to the Fund, 2005-10; Appendix; Letter of Intent; Contents; I. Relations with the Fund; II. Relations with the World Bank Group; III. Statistical Issues

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786613723857

9781462346356

1462346359

9781452790817

1452790817

9781280882548

1280882549

9781451882957

1451882955

OCLC:

876511209