01905cas a2200241 a 4500 AALejournalIMF018823 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484381311 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Kenya : Staff Report for the 2018 Article IV Consultation and Establishment of Performance Criteria for the Second Review Under the Stand-by Arrangement. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (95 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 2018 Article IV Consultation highlights that Kenya has maintained strong growth in recent years. External imbalances have narrowed, strengthening resilience to shocks. The business environment continues to improve, supporting private investment. However, a severe drought, an extended presidential election, and weak bank lending-due in part to interest rate controls-slowed growth in 2017. Kenya's medium-term growth prospects are favorable, supported by infrastructure investment and an improving business environment. However, continued strong growth and macroeconomic stability hinge on the implementation of reforms. In addition, headwinds from fiscal consolidation and weak credit growth will weigh on economic activity in the near term. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/295 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/295/002.2018.issue-295-en.xml IMF e-Library