Publication:
Kenya Economic Update, April 2018, No. 17: Policy Options to Advance the Big 4

dc.contributor.authorWorld Bank Group
dc.date.accessioned2018-04-13T19:14:17Z
dc.date.available2018-04-13T19:14:17Z
dc.date.issued2018-04
dc.description.abstractAfter multiple headwinds dampened growth in 2017, a nascent rebound in economic activity in Kenya is gaining momentum. Notwithstanding the projected rebound in economic activity risks are tilted to the downside. The Government of Kenya has outlined four big priority areas for the next five years. These are agricultural and food security, affordable housing, increased share of manufacturing, and universal health coverage. Support from the public and more importantly the private sector will be required to achieve the big 4. Specific measures to create fiscal room to support the big 4 can include: enhancing domestic revenue mobilization through the rationalization of tax exemptions; slowing the pace of expansion of recurrent spending; and improving the efficiency of spending. Boosting agricultural productivity and food security will require re-allocating more resources to agriculture and improving the efficiency of current spending in the sector. To eradicate poverty by 2030, Kenya will need a combination of higher growth, more inclusive growth, and growth that is increasingly driven by the private sector and translates into more rapid poverty reduction.en
dc.identifierhttp://documents.worldbank.org/curated/en/327691523276540220/Kenya-economic-update-policy-options-to-advance-the-Big-4-unleashing-Kenya-s-private-sector-to-drive-inclusive-growth-and-accelerate-poverty-reduction
dc.identifier.doi10.1596/29676
dc.identifier.urihttps://hdl.handle.net/10986/29676
dc.languageEnglish
dc.publisherWorld Bank, Nairobi
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC DEVELOPMENT
dc.subjectRECOVERY
dc.subjectFISCAL TRENDS
dc.subjectINFLATION
dc.subjectEXPORTS
dc.subjectRISKS
dc.subjectPOVERTY REDUCTION
dc.subjectSHARED GROWTH
dc.subjectMACROECONOMIC POLICY
dc.subjectSTRUCTURAL REFORM
dc.subjectDROUGHT
dc.subjectINCLUSIVE GROWTH
dc.titleKenya Economic Update, April 2018, No. 17en
dc.title.subtitlePolicy Options to Advance the Big 4en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleKenya Economic Update, April 2018, No. 17
okr.date.disclosure2018-04-09
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/327691523276540220/Kenya-economic-update-policy-options-to-advance-the-Big-4-unleashing-Kenya-s-private-sector-to-drive-inclusive-growth-and-accelerate-poverty-reduction
okr.guid327691523276540220
okr.identifier.doi10.1596/29676
okr.identifier.externaldocumentum090224b085894f56_1_0
okr.identifier.internaldocumentum29790777
okr.identifier.report125056
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/327691523276540220/pdf/125056-WP-P162368-PUBLIC-KenyaEconomicUpdateFINAL.pdfen
okr.region.administrativeAfrica
okr.region.countryKenya
okr.topicPublic Sector Development::Public Sector Economics
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitEast Africa (GMTA3)
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