UID:
almafu_9958069673502883
Umfang:
1 online resource (48 p.)
ISBN:
1-4755-4706-4
,
1-4755-3394-2
Serie:
IMF Staff Country Reports
Inhalt:
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 December 9, 2011 for a total of SDR 488.520 million. The authorities’ primary fiscal balance outcome was in line with the program and consistent with a decline in the government debt-to-GDP ratio. Implementation of structural benchmarks has overall proceeded as expected.
Anmerkung:
Description based upon print version of record.
,
Cover; CONTENTS; MACROECONOMIC OUTLOOK AND PROGRAM IMPLEMENTATION; FIGURES; 1. Growth and Inflation; POLICY DISCUSSIONS AND RISKS; A. Dealing with a deterioration of the global economy; BOXES; 1. External Vulnerabilities to a Global Downturn in Economic Activity; B. Pressing Ahead with Fiscal Consolidation and Reform; 2. Balance of Payments Developments; C. Managing Liquidity under a Tight Monetary Policy; 3. Fiscal Developments; D. Preventing Financial Stress; 4. Money Market Rates and Yield Curve; 2. Financial Risks in a Tight Monetary Policy Environment; 5. Financial Developments
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PROGRAM ISSUES AND RISKSSTAFF APPRAISAL; TABLES; 1. Selected Economic Indicators, 2009/10-2014/2015; 2a. Central Government Financial Operations; 2b. Central Government Financial Operations; 3. Monetary Survey; 4. Balance of Payments; 5. Financial Soundness Indicators of the Banking Sector; 6. Performance Criteria for the Third Review under the 2011-14 ECF Arrangement; 7. Proposed Timing of Disbursements and Reviews under the 2011-14 ECF Arrangement; APPENDIX; Letter of Intent; Appendix Table 1. Revised and New Performance Criteria for the 2011/2014 ECF Arrangement
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Appendix Table 2. Kenya: Structural Benchmarks for the ECF ArrangementAttachment. Updated Technical Memorandum of Understanding; TMU Table 1. Kenya: Program Exchange Rates; TMU Table 2. Kenya: Summary of Data to Be Reported
,
English
Weitere Ausg.:
ISBN 1-4755-6214-4
Weitere Ausg.:
ISBN 1-4755-0301-6
Sprache:
Englisch
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