Author/Editor: Michal Andrle, Andrew Berg, Enrico Berkes, Rafael A Portillo, Jan Vlcek, R Armando Morales.

Release Date: November, 2013

We extend the framework in Andrle and others (2013) to incorporate an explicit role for money targets and target misses in the analysis of monetary policy in low-income countries (LICs), with an more...

Author/Editor: Michal Andrle, Andrew Berg, R Armando Morales, Rafael Portillo, Jan Vlcek.

Release Date: March, 2013

We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to more...

Release Date: April, 2012

This paper describes Kenya’s third review under the three-year arrangement under the Extended Credit Facility (ECF) and request for modification of performance criteria. The Executive Board more...

Release Date: January, 2012

This paper discusses key findings of the Second Review for Kenya under the Extended Credit Facility (ECF). Program implementation during the first half of 2011 was in line with the objectives. All more...

Release Date: January, 2012

This progress report focuses on Medium-Term Plan (MTP) implementation by 2011 in Kenya, including specific progress on the attainment of MDG goals. The report presents the updated MTP program for more...

Release Date: July, 2011

Release Date: February, 2011

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 more...

Release Date: July, 2010

The Medium Term Plan (MTP) identifies the key policy actions and reforms, as well as programs and projects that the Grand Coalition Government in Kenya intends to implement. The overall objective is more...

Release Date: March, 2008

In Kenya, the general government is not defined consistently with government finance statistics (GFS) principles. Relationships between the central government and public nonfinancial and financial more...

Release Date: May, 2007

Kenya’s Poverty Reduction Strategy Annual progress report highlights that sound macroeconomic management policies are finally beginning to yield results in terms of macroeconomic growth, which more...

Release Date: May, 2007

This paper presents a Joint Staff Advisory Note on Kenya’s Poverty Reduction Strategy Papers. Kenya is implementing the three-tiered East Africa Community (EAC) common external tariff and needs more...