Kenya: Request for Extension of the Stand-By Arrangement -- Press Release and Staff Report

March 16, 2018

Preview Citation

Format: Chicago

Kenya: Request for Extension of the Stand-By Arrangement -- Press Release and Staff Report, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Summary

This paper discusses Kenya’s Request for Extension of the Stand-by Arrangement (SBA). The extension is needed to provide additional time for the authorities to bring the program back on track and reach new understandings with IMF staff on policies and measures that would enable the completion of the pending reviews under the SBA for Kenya. The authorities have committed to strong corrective actions through adopting policies that will enable them to achieve program objectives and reduce near- and medium-term vulnerabilities. The IMF staff supports the authorities’ request for an extension of the SBA for Kenya.

Subject: Government debt management, Interest rate policy, Monetary policy, Public financial management (PFM), Revenue administration

Keywords: Board discussion, CR, Government debt management, Interest control, Interest rate policy, ISCR, Monetary policy transmission channel, Precautionary SBA, Program objective, Request

Publication Details

Pages:

6
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/083
Stock No:

1KENEA2018001
ISBN:

9781484347645
ISSN:

1934-7685

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