Showing 1 - 10 of 1,082
Economic activity in Kenya has remained resilient to uncertainty surrounding the elections, the impact of the European …
Persistent link: https://www.econbiz.de/10011244272
This paper discusses Kenya’s Sixth and Final Review Under the Three-Year Arrangement Under the Extended Credit Facility. Fiscal consolidation and the introduction of major reforms contributed to the program’s success despite emerging challenges. All end-June 2013 quantitative...
Persistent link: https://www.econbiz.de/10011245239
on September 25, 2012, with the officials of Kenya on economic developments and policies. Based on information available …
Persistent link: https://www.econbiz.de/10011243530
KEY ISSUES Context: Kenya has embarked on major reforms in line with the 2010 constitution. The new government has …. Kenya placed its first US$2 billion Eurobond at favorable terms, with proceeds to be used to upgrade power generation and … fiscal resources. Kenya is actively participating in the integration of East Africa, showing progress in reducing delays from …
Persistent link: https://www.econbiz.de/10011244508
expired in December 2013 with all six reviews completed, Kenya has consolidated macroeconomic stability. Growth has been …, Kenya is recognized as a frontier market increasingly integrated in global financial markets. A Eurobond debut issue of US$2 …
Persistent link: https://www.econbiz.de/10011243742
This 2013 Article IV Consultation highlights that Sierra Leone has made significant progress in macroeconomic stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining, and services; as well as the scaling-up of...
Persistent link: https://www.econbiz.de/10011244166
This paper discusses key findings of the Second Review Under the Policy Support Instrument for Nigeria. All assessment criteria through end-September were met except for one civil service-related measure. Remedial measures have prevented the civil service reform program from being compromised....
Persistent link: https://www.econbiz.de/10011244171
Albania enjoyed strong growth with comparatively benign external vulnerabilities before the crisis. Monetary policy provided timely support, and the exchange rate functioned as a shock absorber. However, policy buffers are now exhausted and must be rebuilt. Fiscal tightening has to be quickly...
Persistent link: https://www.econbiz.de/10011244179
The Slovak Republic’s 2005 Article IV Consultation reports that sound macroeconomic management and a wide range of fundamental structural reforms are supporting nominal convergence with European Union norms. Real GDP growth accelerated to 6 percent in 2005, driven by an improvement in the...
Persistent link: https://www.econbiz.de/10011244180
This paper reviews the Central African Republic’s three-year arrangement under the poverty reduction and growth facility. Concerns about the social impact of higher fuel prices have delayed implementation of an automatic pricing formula and caused serious fiscal losses. The new financing...
Persistent link: https://www.econbiz.de/10011244185