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Kenya: Debt Sustainability Analysis

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  • International Monetary Fund

Abstract

This report of the Debt Sustainability Analysis (DSA) indicates that the envisaged strategy of a partial substitution of domestic debt by increased inflows of external grants and concessional loans, as well as a rescheduling of external debt by the Paris and London Clubs, would facilitate the achievement of debt sustainability. The DSA also confirms that such a debt rescheduling could constitute an appropriate exit strategy for Kenya. The DSA also shows that debt sustainability would improve significantly with a concessional rescheduling, particularly under the Naples terms.

Suggested Citation

  • International Monetary Fund, 2004. "Kenya: Debt Sustainability Analysis," IMF Staff Country Reports 2003/400, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/400
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