Kenya: Poverty Reduction Strategy Annual Progress Report: 2003/2004
International Monetary Fund
No 2007/158, IMF Staff Country Reports from International Monetary Fund
Abstract:
Kenya’s Poverty Reduction Strategy Annual progress report highlights that sound macroeconomic management policies are finally beginning to yield results in terms of macroeconomic growth, which is the underpinning for future poverty reduction. A high degree of price stability has been maintained, and real interest rates brought to historically low levels are encouraging accelerated bank lending for domestic investment. The public sector has been kept on a fiscally sustainable course. In terms of infrastructure, progress has been made in all subsectors on development of the regulatory framework.
Keywords: ISCR; CR; private sector; public expenditure; monetary policy; economic growth; money supply; government policy; development objective; e-government strategy document; early retirement; IP-ERS implementation; multiplier effect; government Intensified; IP-ERS target; policy goal; narc government agenda; firm action; government action; East Africa (search for similar items in EconPapers)
Pages: 138
Date: 2007-05-11
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