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

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作者：

World Bank Group

来源地址：

http://hdl.handle.net/10986/22955

关键词：

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;  Report;  Rapport;  Informe; 

年份：

2015

出版地：

Washington,USA

语种：

English

摘要：

Kenya's economic performance remains solid, underpinned by strong infrastructure spending and consumerdemand, which are driving growth. Growth in 2015 is estimated at 5.4 percent, a 0.6 percent downward revisionfrom its estimate in December 2014. The revision reflects the strong headwinds the economy is facing in the foreignexchange market and the monetary policy response to calm those fears.