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This paper presents the staff report for Kenya’s 2009 Article IV Consultation on economic development and policies. The progress Kenya achieved on the growth and poverty reduction fronts stalled in 2008 owing to a series of adverse developments, including the global economic crisis. The political situation is generally stable, but there appears to be constraining consensus on key issues. The spillover effect of the global financial crisis slowed export growth, tourism receipts, remittances, and private capital inflows.

Fiscal policy -- Kenya. --- International monetary fund -- Kenya. --- Kenya -- Economic conditions. --- Financial Risk Management --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Statistics --- Finance: General --- Debt --- Debt Management --- Sovereign Debt --- Fiscal Policy --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- National Government Expenditures and Related Policies: General --- Financial Crises --- General Financial Markets: Government Policy and Regulation --- Public finance & taxation --- Econometrics & economic statistics --- Economic & financial crises & disasters --- Monetary economics --- Finance --- Public debt --- Expenditure --- Fiscal policy --- Financial crises --- Credit --- Financial Sector Assessment Program --- Financial sector policy and analysis --- Debts, Public --- Expenditures, Public --- Financial services industry --- Kenya --- Monetary policy --- Foreign exchange rates --- Banks and banking --- Structural adjustment (Economic policy) --- International Monetary Fund --- Economic conditions. --- Economic conditions