Kenya: Debt Sustainability Analysis

January 8, 2004

Preview Citation

Format: Chicago

Kenya: Debt Sustainability Analysis, (USA: International Monetary Fund, 2004) accessed December 23, 2024

Summary

This report of the Debt Sustainability Analysis (DSA) indicates that the envisaged strategy of a partial substitution of domestic debt by increased inflows of external grants and concessional loans, as well as a rescheduling of external debt by the Paris and London Clubs, would facilitate the achievement of debt sustainability. The DSA also confirms that such a debt rescheduling could constitute an appropriate exit strategy for Kenya. The DSA also shows that debt sustainability would improve significantly with a concessional rescheduling, particularly under the Naples terms.

Subject: Arrears, Debt service, Debt service ratios, External debt, Public debt

Keywords: Arrears, Arrears clearance, CBK debt, CR, Debt indicator, Debt service, Debt service ratios, Debt-creating flow, Debt-to-exports ratio, Financing gap, ISCR, NPV of contingent liabilities, Ratio, Ratio of debt service

Publication Details

Pages:

12
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2003/400
Stock No:

1KENEA0062003
ISBN:

9781451821116
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports