Kenya : fifth review under the three-year arrangement under the Extended Credit Facility and request for a waiver and modification of performance criteria, staff report, staff supplement, and press release.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2013.
Description:1 online resource (66 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 13/107
IMF country report ; no. 13/107.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12501822
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:1484362128
9781484362129
1484392221
9781484392225
1484327349
9781484327340
ISSN:2227-8907
Notes:Title from PDF title page (IMF Web site, viewed Apr. 30, 2013).
"April 2013."
"April 1, 2013"--Page 2 of pdf.
English.
Summary:Economic activity in Kenya has remained resilient to uncertainty surrounding the elections, the impact of the European crisis, and security-related concerns. Fiscal policy is in line with the program despite difficulties. International reserves are on the rise, and the deficit of the external current account has shrunk significantly. Key structural reforms to strengthen the institutional framework are under way. A peaceful political transition, strengthened macroeconomic conditions, and structural reforms could unleash Kenya's growth potential, attract foreign investment, and lay the basis for transforming the country into an emerging-market economy.
Other form:1-4843-9047-4
1-299-66133-5
Standard no.:10.5089/9781484362129.002

MARC

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245 0 0 |a Kenya :  |b fifth review under the three-year arrangement under the Extended Credit Facility and request for a waiver and modification of performance criteria, staff report, staff supplement, and press release. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c ©2013. 
300 |a 1 online resource (66 pages) :  |b color illustrations. 
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490 1 |a IMF country report ;  |v no. 13/107 
500 |a Title from PDF title page (IMF Web site, viewed Apr. 30, 2013). 
500 |a "April 2013." 
500 |a "April 1, 2013"--Page 2 of pdf. 
520 3 |a Economic activity in Kenya has remained resilient to uncertainty surrounding the elections, the impact of the European crisis, and security-related concerns. Fiscal policy is in line with the program despite difficulties. International reserves are on the rise, and the deficit of the external current account has shrunk significantly. Key structural reforms to strengthen the institutional framework are under way. A peaceful political transition, strengthened macroeconomic conditions, and structural reforms could unleash Kenya's growth potential, attract foreign investment, and lay the basis for transforming the country into an emerging-market economy. 
505 0 |a Cover; CONTENTS; MACROECONOMIC OUTLOOK AND PROGRAM PERFORMANCE; BOXES; 1. New Sources of Wealth in Kenya: Oil and Coal; FIGURES; 1. Fiscal Developments; 2. Macroeconomic Developments; 3. External Developments; 2. Does the Sharp Decline in Credit Growth Signal Excessive Monetary Tightening?; POLICY DISCUSSIONS AND RISKS; A. Maintaining Fiscal Discipline during the Political Transition; B. Easing Monetary Policy with Caution; 3. Kenya's Mobile Banking Revolution; C. Assessing the Risk Outlook; 4. Risk Assessment Matrix; PROGRAM ISSUES; 5. Structural Reform Measures 2010-2013; STAFF APPRAISAL. 
505 8 |a TABLES1. Selected Economic Indicators, 2010/11-2015/16; 2a. Central Government Financial Operations 2010/11-2015/16; 2b. Central Government Financial Operations 2010/11-2015/16; 3. Monetary Survey 2010-2013; 4. Balance of Payments 2010/11-2015/16; 5. Financial Soundness Indicators of the Banking Sector 2010-2012; 6. Performance Criteria for the Fifth Review Under the 2011-14 ECF Arrangement; 7. Proposed Timing of Disbursements and Reviews Under the 2011-14 ECF Arrangement; APPENDIX; Letter of Intent; Attachment: Updated Technical Memorandum of Understanding. 
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