Kenya : Debt Sustainability Analysis

1KENEA0062003 Image
Price:  $15.00

Release Date: © January, 2004
ISBN : 978-1-45182-111-6
Stock #: 1KENEA0062003
Stock Status: On back-order

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This report of the Debt Sustainability Analysis (DSA) indicates that the envisaged strategy of a partial substitution of domestic debt by increased inflows of external grants and concessional loans, as well as a rescheduling of external debt by the Paris and London Clubs, would facilitate the achievement of debt sustainability. The DSA also confirms that such a debt rescheduling could constitute an appropriate exit strategy for Kenya. The DSA also shows that debt sustainability would improve significantly with a concessional rescheduling, particularly under the Naples terms.

More publications in this series: IMF Staff Country Reports