Hidden Bibliographic Details
Other authors / contributors: | Yang, Yongzheng, author.
International Monetary Fund, issuing body.
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ISBN: | 1280894636 9781280894633 9781451992052 145199205X
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Notes: | "Prepared by Yongzheng Yang, Greetje Everaert, James John, and Olessia Korbut." "October 2008"--Cover. "Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country." Includes bibliographical references. Print version record.
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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.
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Other form: | Print version: Kenya. Washington, D.C. : International Monetary Fund, 2008
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