Kenya: Ex Post Assessment of Longer-Term Program Engagement

October 17, 2008

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Kenya: Ex Post Assessment of Longer-Term Program Engagement, (USA: International Monetary Fund, 2008) accessed December 21, 2024

Summary

This paper discusses key findings of the Ex Post Assessment (EPA) of Longer-Term Program Engagement paper for Kenya. This EPA focuses on 1993–2007, when Kenya was engaged in four successive IMF arrangements. Macroeconomic policy design was broadly appropriate, and implementation was generally sound. Growth slowed in the 1990s, but picked up after the 2002 elections, reflecting buoyant global conditions, structural reforms, and a surge of private capital inflows. Monetary policies were complicated by a reluctance to allow for full interest and exchange rate flexibility.

Subject: Banking, Corruption, Crime, Domestic debt, Fiscal policy, Legal support in revenue administration, Public financial management (PFM), Revenue administration

Keywords: Anti-corruption czar, Corruption, CR, Exchange rate, Global, Government financing, Interest rate, ISCR, Legal support in revenue administration, Monetary policy, Permanent secretary, State shareholding, Sub-Saharan Africa

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/338
Stock No:

1KENEA2008003
ISBN:

9781451821208
ISSN:

1934-7685

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