Kenya: Fiscal Transparency Evaluation

July 12, 2016

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Format: Chicago

Kenya: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2016) accessed December 19, 2024

Summary

This paper discusses key findings of the Fiscal Transparency Evaluation of Kenya. Since 2010, the Treasury has made important changes in Kenya’s public financial management framework, the impact of which can clearly be seen in its performance against the Fiscal Transparency Code. The prospects for quick improvements in the fiscal reporting area are clearly within the grasp of the National Treasury. Fiscal forecasting and budgeting practices are generally in line with good practice under the Fiscal Transparency Code, reflecting more than a decade of experience with medium-term budgeting and preparing and presenting macro frameworks.

Subject: Budget planning and preparation, Expenditure, Financial statements, Fiscal risks, Public debt, Public financial management (PFM)

Keywords: Africa, Annual budget, Balance sheet, Budget planning and preparation, Budget year, Cash basis, Central government, County government, CR, Cross holdings, Financial statements, Fiscal risks, General government unit, Government guarantee scheme, Government support, Gross revenue, ISCR, National budget, Policy area, Public finance, Real GDP, State corporation

Publication Details

Pages:

65
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/221
Stock No:

1KENEA2016003
ISBN:

9781475538069
ISSN:

1934-7685

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