Report

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

Show simple item record

collection.link.85
https://openknowledge.worldbank.org/handle/10986/2193
collection.name.85
Economic Updates and Modeling
dc.contributor.author
World Bank Group
dc.date.accessioned
2018-04-13T19:14:17Z
dc.date.available
2018-04-13T19:14:17Z
dc.date.issued
2018-04
dc.date.lastModified
2021-05-25T09:13:36Z
dc.description.abstract
After 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.identifier
http://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.uri
http://hdl.handle.net/10986/29676
dc.language
English
dc.publisher
World Bank, Nairobi
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC OUTLOOK
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
RECOVERY
dc.subject
FISCAL TRENDS
dc.subject
INFLATION
dc.subject
EXPORTS
dc.subject
RISKS
dc.subject
POVERTY REDUCTION
dc.subject
SHARED GROWTH
dc.subject
MACROECONOMIC POLICY
dc.subject
STRUCTURAL REFORM
dc.subject
DROUGHT
dc.subject
INCLUSIVE GROWTH
dc.title
Kenya Economic Update, April 2018, No. 17
en
dc.title.subtitle
Policy Options to Advance the Big 4
en
dc.type
Report
en
okr.crossref.title
Kenya Economic Update, April 2018, No. 17
okr.date.disclosure
2018-04-09
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.doctype
Economic & Sector Work
okr.docurl
http://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.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/29676
okr.identifier.externaldocumentum
090224b085894f56_1_0
okr.identifier.internaldocumentum
29790777
okr.identifier.report
125056
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/327691523276540220/pdf/125056-WP-P162368-PUBLIC-KenyaEconomicUpdateFINAL.pdf
en
okr.region.administrative
Africa
okr.region.country
Kenya
okr.topic
Public Sector Development :: Public Sector Economics
okr.topic
Macroeconomics and Economic Growth :: Economic Forecasting
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.unit
East Africa (GMTA3)

Show simple item record



This item appears in the following Collection(s)