Kenya: Selected Issues and Statistical Appendix

International Monetary Fund

No 1998/066, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix provides an assessment of the financial regulations as a basic framework for public expenditure management and control in Kenya. The paper discusses a number of “external” factors that have led to a deterioration of formal implementation and control mechanisms, as well as recent efforts that have been undertaken to improve them. The paper also discusses various aspects of monetary policy in Kenya, including the instruments available to the monetary authorities, current challenges in the area of monetary control, and the state of financial markets in Kenya.

Keywords: ISCR; CR; Kenya; gross domestic product; bank; outlay; fiscal year; monetary policy; government paper; commercial bank; inflation rate; debt service; private sector; fixed capital; Kenya shilling; monetary aggregate; nonbank holding; term deposit; Currencies; Public sector; Agricultural commodities; Commercial banks; Middle East; Western Europe; Africa; B. banking supervision issue; exchange arrangement; government of Kenya; gross investment; IMF UR (search for similar items in EconPapers)
Pages: 88
Date: 1998-09-04
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1998/066

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