Description: Kenya Economic Update, June 2005, No. 12 : Storm Clouds Gathering

Kenya Economic Update, June 2005, No. 12 : Storm Clouds Gathering

Kenya’s economic performance remains solid, underpinned by strong infrastructure spending and consumer demand, which are driving growth. Growth in 2015 is estimated at 5.4 percent, a 0.6 percent downward revision from its estimate in December 2014. The revision reflects the strong headwinds the ec...

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Bibliographic Details
Main Author:	World Bank Group
Language:	English en_US
Published:	2015
Subjects:	AUCTION MONETARY POLICY HOLDING EQUIPMENT ACCOUNTING DEPOSITS LONG-TERM INTEREST LOCAL INFRASTRUCTURE GLOBAL MARKETS ADMINISTRATION OF JUSTICE INTEREST INFLATIONARY EXPECTATIONS LONG-TERM CAPITAL PRIVATE CREDIT DOMESTIC MARKET TOTAL DEBT REVENUES PORTFOLIO FISCAL POLICY DEVALUATION CAPACITY BUILDING CREDITWORTHINESS PUBLIC BORROWING TREASURY BILL HUMAN RESOURCE OIL PRICES INVESTMENT SPENDING INDEBTEDNESS CURRENCY LEGAL PROVISIONS EXPORT GROWTH BANK ASSETS DOLLAR PRICE INCOME INEQUALITY FINANCES BANK DEBT MONETARY FUND DEBT INFLATIONARY PRESSURE MARKETS LOCAL GOVERNMENT FINANCIAL FLOWS BOND ISSUE PUBLIC FINANCE BUDGET DEFICIT DOMESTIC DEBT SHORT-TERM CAPITAL NATIONAL TREASURY EQUITIES RECURRENT EXPENDITURE LEGAL FRAMEWORK BANKING SECTOR FISCAL DEFICIT TRANSACTIONS EMERGING MARKETS MACROECONOMIC ENVIRONMENT NATIONAL SECURITY MACROECONOMIC INSTABILITY FEDERAL RESERVE INTEREST PAYMENTS GOOD GOVERNMENT BUDGET INTERNATIONAL TRADE TRANSPARENCY COUNTRY RISK LONG-TERM INTEREST RATE FUTURE LIQUIDITY RATIOS MARKET PRICES CAPACITY CONSTRAINTS EXCHANGES EQUITY FUNDS GOVERNMENT EXPENDITURE INCOME SECURITIES INVESTMENT PROJECTS INSTITUTIONAL CAPACITY SHARES REAL EXCHANGE RATE LOCAL CURRENCY MONEY MARKETS DEBT RATIOS SECURITIES PUBLIC DEBT BALANCE OF PAYMENT TREASURY PRIVATE DEBT INSURANCE CURRENCIES MACROECONOMIC VOLATILITY EUROBOND LENDING INTEREST RATE COMMERCIAL BANKS PUBLIC FINANCES LENDING TRUST FUND FISCAL DISCIPLINE REMITTANCES CAPITAL INVESTMENT PORTFOLIO FLOWS LIABILITIES GOVERNMENT ACCOUNTS RISK ASSESSMENTS CAPITAL ACCOUNT HUMAN DEVELOPMENT INVESTING INFORMATION DISSEMINATION TERRORISM DEFICIT DEPOSIT BASIS POINTS CONSUMER DURABLES GOVERNMENT EXPENDITURES OIL PRICE INTEREST RATE SPREAD FOREIGN DIRECT INVESTMENTS FINANCIAL MANAGEMENT STOCK FOREIGN INVESTORS BANK RATE INFORMATION SYSTEM FOREIGN EXCHANGE MARKET DOMESTIC BORROWING GOVERNMENT INVESTMENTS MACROECONOMIC MANAGEMENT DEBT STOCK GOVERNMENT SPENDING EMERGING ECONOMIES INTEREST RATE EXCHANGE STOCK MARKET BALANCE OF PAYMENTS BANKING SYSTEM LOCAL GOVERNMENTS ISSUANCES MACROECONOMIC POLICY LIQUIDITY NATIONAL SAVINGS GOVERNMENT CAPACITY TREASURY BILL RATES TAX INCOME TAX BUDGETING RESERVE BENEFICIARIES INFLATION ENABLING ENVIRONMENT DEFICIT FINANCING FISCAL CONSTRAINTS BUDGET CENTRAL BANK INTERNATIONAL FINANCE POLICY RESPONSE GOVERNMENT LEGISLATION INFLATIONARY PRESSURES TRADING INTEREST RATES MACROECONOMIC RISKS SOVEREIGN BOND EXTERNAL INDEBTEDNESS PRIVATE INVESTMENT RETURN DEFICITS INTERNATIONAL DEVELOPMENT DIRECT INVESTMENT LOANS RESERVES INVENTORIES GROSS DOMESTIC PRODUCT RULE OF LAW FINANCE FOREIGN CURRENCY MARKET PRICE TAXES ACCESS TO INFORMATION EXPENDITURE GOVERNMENT SECURITIES INFRASTRUCTURE INVESTMENT EQUITY POTENTIAL INVESTORS TRANSACTION INVESTORS FOREIGN EXCHANGE RESERVES FRAUD PRIVATE SECTOR CREDIT SAVINGS RATE PENSIONS RETURNS LOCAL MARKET BUDGETS PURCHASING POWER LONG-TERM INTEREST RATES GOVERNMENT REVENUE EXPENDITURES CAPITAL FLOWS PROPERTY CURRENT ACCOUNT DEFICIT BALANCE SHEET MARKET FOREIGN EXCHANGE LEVY INTERESTS CURRENCY DEPRECIATION GOODS SECURITIES EXCHANGE FIXED ASSETS SECURITY EQUITY MARKETS STOCK EXCHANGE INVESTMENT BOND SHARE INTERNAL AUDIT INVESTMENT CLIMATE POVERTY FINANCIAL MARKETS TARIFF POLITICAL STABILITY CAPITAL INFLOWS DECENTRALIZATION REVENUE MONEY MARKET EXTERNAL DEBT LEVIES INVESTMENTS TREASURY BILL RATE CREDIT GROWTH EXCHANGE RATE BUDGET REVIEW DIRECT INVESTMENTS DURABLES INTERNATIONAL INVESTORS NONPERFORMING LOANS INTEREST RATE DIFFERENTIALS
Online Access:	http://documents.worldbank.org/curated/en/2015/10/25153454/kenya-economic-update-storm-clouds-gathering-economy-facing-strong-headwinds-special-focus-public-participation http://hdl.handle.net/10986/22955

Description
Summary:	Kenya’s economic performance remains solid, underpinned by strong infrastructure spending and consumer demand, which are driving growth. Growth in 2015 is estimated at 5.4 percent, a 0.6 percent downward revision from its estimate in December 2014. The revision reflects the strong headwinds the economy is facing in the foreign exchange market and the monetary policy response to calm those fears.

Kenya Economic Update, June 2005, No. 12 : Storm Clouds Gathering

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