01975cas a2200241 a 4500 AALejournalIMF005946 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451821260 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kenya : 2004 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility, and Requests for Augmentation of Access, Rephasing of the Arrangement, and Waiver of Performance Criteria; Staff Report; Staff Statement; Public Information Notice and 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 (105 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 2004 Article IV Consultation highlights that monetary policy of Kenya has been expansionary since 2003/04 to promote economic growth. This has, however, contributed to the recent rise in inflation. Executive Directors have observed the progress that has been made under the Poverty Reduction and Growth Facility (PRGF)-supported program, which has contributed to a rebound in economic growth and arrested the rise in domestic debt. However, Directors have noted that Kenya faces serious challenges. In particular, growth remains too slow for making inroads into poverty, and governance remains a critical concern. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/225 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/225/002.2009.issue-225-en.xml IMF e-Library