Kenya : Selected Issues.

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 ris...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Staff Country Reports; Country Report ; No. 2008/337
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (28 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students