European Parliament Library

Kenya :, Ex Post Assessment of Longer-Term Program Engagement

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
Table Of Contents
Cover; Contents; Abbreviations and Acronyms; Executive Summary; I. Introduction; II. Economic Performance During the EPA Period; Boxes; 1. The Goldenberg Affair; Figures; 1. Summary Program Performance, 1993/94-2005/06; 2. Relations with the Donor Community, 1990-2006; 3. Fiscal Developments 1993/94-2006/07; 4. Monetary Developments, 1991-2007; 2. The Anlgo-Leasing Affair; III. Fund Relations; Table; 1. Fund Arrangements with Kenya, 1993-2007; IV. Key Issues in Fund Engagement; A. Policy Advice and Program Design in Core Macroeconomic Areas; B. Governance; 5. Governance Indicators, 1996-2007
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (64 p.)
Specific Material Designation
Form Of Item

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