Kenya: Selected Issues

October 17, 2008

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Format: Chicago

Kenya: Selected Issues, (USA: International Monetary Fund, 2008) accessed December 27, 2024

Summary

This Selected Issues paper on Kenya reviews Kenya’s external stability in a context where the exchange rate has strengthened and capital inflows are playing an increasingly important role. Kenya’s external current account deficit has widened, reflecting strong import volumes as well as rising import prices, particularly for oil, but external debt as a percent of GDP has declined steadily. Underlying these developments have been a steady increase in capital inflows and a remarkable rebound of economic growth since 2003 after two decades of stagnation.

Subject: Balance of payments, Current account deficits, Exports, Fiscal policy, Foreign exchange, International trade, Public debt, Real effective exchange rates

Keywords: CR, Current account deficits, Debt management strategy, Exports, GDP, Global, Institutional investor, ISCR, Kenya, Public debt ratio, Public debt-to-GDP ratio, Real effective exchange rates, Upper bound

Publication Details

Pages:

28
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/337
Stock No:

1KENEA2008002
ISBN:

9781451821192
ISSN:

1934-7685

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