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building buffers against shocks. Near-term policy responses should complement measures needed to bolster Kenya's medium …-term prospects toward a vibrant, inclusive, green, and market-driven economy. Unlocking Kenya's potential and realizing its positive …
Persistent link: https://www.econbiz.de/10015058745
Kenya is navigating a turbulent global backdrop marked by volatile commodity prices, slowing growth in key trading … August elections demonstrated Kenya's increasing institutional strengths, while the multi-season drought has worsened food …
Persistent link: https://www.econbiz.de/10015059878
This paper highlights Kenya's Third Reviews under the Extended Arrangement under the Extended Fund Facility and under …, fertilizer, and food prices. Kenya's program is delivering resilience by helping the country navigate these global shocks while …-owned enterprises, it is essential to advance the restructuring of Kenya Airways and restore the long-term viability of Kenya Power and …
Persistent link: https://www.econbiz.de/10015060244
This paper presents Kenya's Fifth Reviews under the Extended Fund Facility and Extended Credit Facility Arrangements … program are expected to advance Kenya's already strong record of accomplishment at addressing climate-related challenges … emissions through carbon pricing, enhance Kenya's existing frameworks to mobilize climate finance; and strengthen disaster risk …
Persistent link: https://www.econbiz.de/10015059222
with a view to benchmark Kenya's experience and draw lessons for future tax reforms. Using granular data from a new IMF … administrative practices. Kenya appeared to be one of the EAC countries that most frequently announced and introduced such changes …
Persistent link: https://www.econbiz.de/10015058744
KEY ISSUESContext: Sudan's economy has yet to recover from the shock of South Sudan's secession three years ago, which took away three-quarters of oil production, half of its fiscal revenues, and two-thirds of its international payments capacity. Despite progress in implementing policies to...
Persistent link: https://www.econbiz.de/10012690502
EXECUTIVE SUMMARYEconomic activity remained weak in early 2014. Activity was impacted by an outbreak ofthe Ebola virus since late 2013, but lagging structural reforms, energy shortages, and political uncertainty may also be at play. Economic growth is estimated to have been 2.3 percent in 2013,...
Persistent link: https://www.econbiz.de/10012690574
EXECUTIVE SUMMARYGrowth remains robust, despite slight downward revisions. Growth estimates for 2013 and projections for 2014 were revised to 6.6 and 6.8 percent, respectively, reflecting weather and weaker terms of trade. Inflation is around zero, partly due to subsidized food prices. The...
Persistent link: https://www.econbiz.de/10012690584
This paper discusses Ukraineâ??s 2013 Article IV Consultation and First Post-Program Monitoring. The Ukrainian economy has been in recession since mid-2012, and the outlook remains challenging. In Januaryâ??September 2013, GDP contracted by 1Â1D percent year-over-year, reflecting lower demand...
Persistent link: https://www.econbiz.de/10012690595
This 2013 Article IV Consultation for Albania focuses on economic developments and policies that have led to weakening and imbalance of the economy. It highlights that high nonperforming loans (NPLs) are constraining credit growth, and weak external drivers are preventing a sustained reduction...
Persistent link: https://www.econbiz.de/10012689714