Kenya : Ex Post Assessment of Longer-Term Program Engagement

1KENEA2008003 Image
Price:  $18.00

Release Date: © October, 2008
ISBN : 978-1-45182-120-8
Stock #: 1KENEA2008003
English
Stock Status: On back-order

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Description

This paper discusses key findings of the Ex Post Assessment (EPA) of Longer-Term Program Engagement paper for Kenya. This EPA focuses on 1993–2007, when Kenya was engaged in four successive IMF arrangements. Macroeconomic policy design was broadly appropriate, and implementation was generally sound. Growth slowed in the 1990s, but picked up after the 2002 elections, reflecting buoyant global conditions, structural reforms, and a surge of private capital inflows. Monetary policies were complicated by a reluctance to allow for full interest and exchange rate flexibility.

Taxonomy

Corruption , Development assistance , Economic development , Economic sectors , Private sector




More publications in this series: IMF Staff Country Reports