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Kenya: Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

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  • International Monetary Fund

Abstract

Kenya’s economy is bouncing back following multiple shocks between 2008 and 2009. The program targets a gradual reduction in the central government primary balance through tax reform and strict control of current spending to bring the debt-to-GDP ratio below 45 percent at the end of the program period. Tax policy reform will focus on the VAT, streamlining tax incentives, and eliminating loopholes. Kenya has made significant strides in domestic revenue mobilization, but redesigning the tax structure is a key priority.

Suggested Citation

  • International Monetary Fund, 2011. "Kenya: Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya," IMF Staff Country Reports 2011/048, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/048
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    1. Hagen, Jonas Xaver & Pardo, CarlosFelipe & Valente, Johanna Burbano, 2016. "Motivations for motorcycle use for Urban travel in Latin America: A qualitative study," Transport Policy, Elsevier, vol. 49(C), pages 93-104.
    2. Mohajan, Haradhan, 2013. "Ethiopia: A socio-economic study," MPRA Paper 52277, University Library of Munich, Germany, revised 10 Sep 2013.
    3. repec:wbk:wboper:16727 is not listed on IDEAS
    4. World Bank, 2013. "Burundi Public Expenditure Review : Strengthening Fiscal Resilience to Promote Government Effectiveness [République du Burundi - Burundi Revue des Dépenses Publiques - Renforcer l’efficacité des po," World Bank Publications - Reports 21283, The World Bank Group.
    5. Bautista Mesa, Rafael & Molina Sánchez, Horacio & Ramírez Sobrino, Jesús Nicolás, 2014. "Main determinants of efficiency and implications on banking concentration in the European Union," Revista de Contabilidad - Spanish Accounting Review, Elsevier, vol. 17(1), pages 78-87.

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