LEADER 05043oam 22013094 450 001 9910165035403321 005 20250426110752.0 010 $a9781475573473 010 $a1475573472 010 $a9781475573572 010 $a147557357X 035 $a(CKB)3710000001064755 035 $a(MiAaPQ)EBC4807096 035 $a(IMF)1KENEA2017001 035 $a1KENEA2017001 035 $a(EXLCZ)993710000001064755 100 $a20020129d2017 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aKenya : $eFirst Review Under the Twenty-Four Month Stand-By Arrangement and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbursements, and Modification of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Kenya 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2017. 215 $a1 online resource (83 pages) $ccolor illustrations, tables, graphs 225 1 $aIMF Staff Country Reports 311 08$a9781475573152 311 08$a1475573154 330 3 $aThis paper discusses Kenya?s First Reviews Under the Twenty-Four Month Stand-by Arrangement (SBA) and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbursements, and Modification of Performance Criterion (PC). Macroeconomic developments have been broadly in line with the program, including strong growth and lower current account deficits. On fiscal policy, revenue shortfalls in FY2015/16 were more than offset by under-execution of public investment. The IMF staff recommends completion of the first reviews and supports the authorities? requests for waivers of applicability for SBA for end-December 2016 PC, rephasing of disbursements, and modification of PC. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2017/025 606 $aEconomic assistance$zKenya 606 $aFiscal policy$zKenya 606 $aInternational Monetary Fund$zKenya 606 $aBanks and Banking$2imf 606 $aExports and Imports$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPublic Finance$2imf 606 $aIndustries: Financial Services$2imf 606 $aInflation$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aInterest Rates: Determination, Term Structure, and Effects$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aPublic finance & taxation$2imf 606 $aInternational economics$2imf 606 $aMonetary economics$2imf 606 $aBanking$2imf 606 $aFinance$2imf 606 $aMacroeconomics$2imf 606 $aPublic debt$2imf 606 $aExternal debt$2imf 606 $aInterest rate policy$2imf 606 $aCredit$2imf 606 $aMonetary policy$2imf 606 $aMoney$2imf 606 $aDebt sustainability analysis$2imf 606 $aDebts, Public$2imf 606 $aDebts, External$2imf 606 $aInterest rates$2imf 606 $aBanks and banking$2imf 606 $aLoans$2imf 607 $aKenya$xEconomic conditions 607 $aKenya$2imf 615 0$aEconomic assistance 615 0$aFiscal policy 615 0$aInternational Monetary Fund 615 7$aBanks and Banking 615 7$aExports and Imports 615 7$aMoney and Monetary Policy 615 7$aPublic Finance 615 7$aIndustries: Financial Services 615 7$aInflation 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aInternational Lending and Debt Problems 615 7$aInterest Rates: Determination, Term Structure, and Effects 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aPublic finance & taxation 615 7$aInternational economics 615 7$aMonetary economics 615 7$aBanking 615 7$aFinance 615 7$aMacroeconomics 615 7$aPublic debt 615 7$aExternal debt 615 7$aInterest rate policy 615 7$aCredit 615 7$aMonetary policy 615 7$aMoney 615 7$aDebt sustainability analysis 615 7$aDebts, Public 615 7$aDebts, External 615 7$aInterest rates 615 7$aBanks and banking 615 7$aLoans 676 $a330.96762042 801 0$bDcWaIMF 906 $aBOOK 912 $a9910165035403321 996 $aKenya$92664244 997 $aUNINA