This paper on Poverty Reduction Strategy Papers (PRSPs) on Kenya explains macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing. The overall objective of macroeconomic policy is to...

Kenya’s macroeconomic performance continued to improve until violence erupted in the aftermath of the general elections of December 2007. This 2008 Article IV Consultation highlights that GDP growth reached 7.0 percent in 2007, the highest in more than two decades. Monetary policy was...

Like most Sub-Saharan African countries, Kenya’s economic growth appears to have been primarily driven by factor accumulation. The Selected Issues paper and Statistical Appendix for Kenya examines economic developments and policies. During the last two decades, Kenya has been plagued by...

In Kenya, the general government is not defined consistently with government finance statistics (GFS) principles. Relationships between the central government and public nonfinancial and financial corporations are generally clearly defined. Government holdings of fully owned corporations and...

This book, written by the staff of the IMF Institute, offers a series of workshops on Kenya that are used as a case study in the Institute's course on Financial Analysis and Policy for officials of IMF member countries. The workshops combine theory and practice for a better understanding of the...

This paper describes Kenya’s third review under the three-year arrangement under the Extended Credit Facility (ECF) and request for modification of performance criteria. The Executive Board approved a three-year ECF arrangement for Kenya on January 31, 2011, which has been augmented on...

This paper discusses key findings of the Second Review for Kenya under the Extended Credit Facility (ECF). Program implementation during the first half of 2011 was in line with the objectives. All quantitative performance criteria and indicative targets for June 2011 have been met. The...

This progress report focuses on Medium-Term Plan (MTP) implementation by 2011 in Kenya, including specific progress on the attainment of MDG goals. The report presents the updated MTP program for 2012–13, including the consultations and framework underpinning its preparation. The macroeconomic...

This paper reviews economic developments in Kenya during 1990–95. Real GDP growth decelerated from 4.3 percent in 1990 to close to zero in 1992/93. Inflation accelerated from 12 percent in the 12-month period ended December 1989 to 34 percent in March 1993. The central government’s budget...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country