Kenya: Requests for an Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Kenya

April 6, 2021

Preview Citation

Format: Chicago

Kenya: Requests for an Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Kenya, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Summary

Kenya has been hit hard by the COVID-19 pandemic. Despite a forceful policy response by the authorities, the socio-economic impact has been significant. The shock has also exacerbated the country’s pre-existing fiscal vulnerabilities, pushing Kenya into high risk of debt distress. While the economy is now recovering, fiscal and balance-of-payments financing needs remain sizable over the medium term.

Subject: COVID-19, Credit, External debt, Health, International organization, Monetary policy, Money, Public debt, Revenue administration

Keywords: COVID-19, Credit, Debt vulnerability, Development partner, ECF arrangement, Financing package, Financing strategy, Global, Kenya's debt, Procurement information portal, Support package

Publication Details

Pages:

121
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2021/072
Stock No:

1KENEA2021002
ISBN:

9781513576633
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