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Kenya: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper on Kenya reviews Kenya’s external stability in a context where the exchange rate has strengthened and capital inflows are playing an increasingly important role. Kenya’s external current account deficit has widened, reflecting strong import volumes as well as rising import prices, particularly for oil, but external debt as a percent of GDP has declined steadily. Underlying these developments have been a steady increase in capital inflows and a remarkable rebound of economic growth since 2003 after two decades of stagnation.

Suggested Citation

  • International Monetary Fund, 2008. "Kenya: Selected Issues," IMF Staff Country Reports 2008/337, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/337
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22422
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    1. Gabriel Di Bella, 2008. "A Stochastic Framework for Public Debt Sustainability Analysis," IMF Working Papers 2008/058, International Monetary Fund.
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    Cited by:

    1. Mr. Geoffrey J Bannister & Mr. Luis D Barrot, 2011. "A Debt Intolerance Framework Applied to Central America, Panama and the Dominican Republic," IMF Working Papers 2011/220, International Monetary Fund.

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