Kenya : Staff Report for the 2018 Article IV Consultation and Establishment of Performance Criteria for the Second Review Under the Stand-by Arrangement
Author/Editor:
International Monetary Fund. African Dept.
Publication Date:
October 23, 2018
Electronic Access:
Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Kenya has enjoyed strong growth in recent years and external imbalances have narrowed, strengthening resilience to shocks. The business environment continues to improve, supporting private investment. However, a severe drought, an extended presidential election, and weak bank lending—due in part to interest rate controls—slowed growth in 2017. With better weather and a stable political environment, growth should improve in 2018. But public debt has risen as revenue shortfalls have not been matched by spending cuts.
Series:
Country Report No. 18/295
English
Publication Date:
October 23, 2018
ISBN/ISSN:
9781484381311/1934-7685
Stock No:
1KENEA2018002
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
95
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