01862cas a2200241 a 4500 AALejournalIMF005582 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451821222 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kenya : Third Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria; Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (62 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents findings of the Third Review under the poverty reduction and growth facility arrangement for Kenya. The sharp spending increase budgeted for 2007/08 could exert pressures on domestic prices and compromise project quality, but the authorities are taking steps to mitigate these risks. Authorities are committed to fully implementing the budget only if nonfood inflation remains low and project quality is maintained. Some aspects of governance have improved, but challenges remain. Structural reforms in public financial management need to be broadened and financial sector reforms accelerated. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/018 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/018/002.2009.issue-018-en.xml IMF e-Library