| Description |
1 online resource (65 pages) : color illustrations |
| Series |
IMF country report ; no. 16/221 |
|
IMF country report ; no. 16/221.
|
| Contents |
Cover; CONTENTS; GLOSSARY; PREFACE; EXECUTIVE SUMMARY; I. FISCAL REPORTING; A. Introduction; 1.1.Coverage of Fiscal Reports; 1.2. Frequency and Timeliness; 1.3. Quality; 1.4. Integrity of Fiscal Reports; 1.5. Recommendations; II. FISCAL FORECASTING AND BUDGETING; A. Introduction; 2.1. Comprehensiveness; 2.2. Orderliness; 2.3. Policy Orientation; 2.4. Credibility; 2.5.Recommendations; III. FISCAL RISK ANALYSIS AND MANAGEMENT; A. Introduction; 3.1. Risk Disclosure and Analysis; 3.2. Risk Management; 3.3. Fiscal Coordination; 3.4. Recommendations; FIGURES |
|
1.1. Coverage of Public Sector Institutions in Fiscal Reports1.2. Public Sector Balance Sheet and Coverage in Fiscal Reports; 1.3. Public Sector Gross Liabilities; 1.4. Public Sector Net Worth in Selected Countries, 2012-13; 1.5. Tax Expenditures; 1.6. Discrepancy between Budget Balance and Net Financing Estimates; 1.7. Stock-Flow Adjustments; 1.8. Revisions to Fiscal Balance; 1.9. Reconciliation of 2012-13 Total Expenditure Between Key Fiscal Reports; 2.1. Absolute Forecast Errors of Real GDP Growth, 2003-12; 2.2. Forecast Errors of Real GDP Growth, 2000-13 |
|
2.3. Government Expenditure: Outturns versus Forecasts (2001/02-2013/14)2.4. Medium-Term Forecast Errors of Expenditure (2000-12); 2.5. Annual Execution Rates of the Development Budget 2007/08-2012/13; 2.6. Overall Fiscal Balance, Including Grants; 2.7. Comparison of One-Year Ahead Revenue Projections Excluding Grants; 2.8. Total Central Government Budgets and Outturns (2004/05-2012/13); 2.9. Percentage Change between Original and Revised Budgets (2004/05-2012/13); 3.1. Volatility of Nominal GDP and Nominal Government Revenues (2003-13); 3.2. Macro-Sensitivity Analysis of Public Debt |
|
3.3. Old Age Dependency Ratio in 20503.4. Contingency Fund Spending in Kenya; 3.5. Contract Values of Public Private Partnerships (PPPs); 3.6. Environmental Risks in Kenya and Comparator Countries; 3.7 Overestimation of Own Revenues and Fiscal Imbalances in Counties; 3.8: Public Corporations Balance Sheet, 2012-13; TABLES; 0.1. Public Sector Financial Overview; 0.2. Summary Assessment against the Fiscal Transparency Code; 0.3. Key Recommendations; 1.1. List of Fiscal Reports; 1.2. Kenya Public Sector Institutional Composition and Finances (2012-13) |
|
1.3. Estimate of Kenya's Public Sector Balance Sheet, 2012-131.4. 2012/13 Cash to Accrual Adjustment; 1.5. Kenya's Classification vs. International Standards; 1.6. 2012/13 Audit Opinions -- National Government Expenditures; 1.7. Summary Assessment of Fiscal Reporting Practices; 2.1. Fiscal Forecasting and Budget Documents; 2.2. Example of an MTBF 2014/15 Budget (KSh million); 2.3. Indicative Reconciliation Table for Expenditure Ceilings; 2.4. Summary Assessment of Fiscal Forecasting and Budgeting Practices; 3.1. Contingent Liabilities in Kenya, 2013 |
| Summary |
This paper discusses key findings of the Fiscal Transparency Evaluation of Kenya. Since 2010, the Treasury has made important changes in Kenya's public financial management framework, the impact of which can clearly be seen in its performance against the Fiscal Transparency Code. The prospects for quick improvements in the fiscal reporting area are clearly within the grasp of the National Treasury. Fiscal forecasting and budgeting practices are generally in line with good practice under the Fiscal Transparency Code, reflecting more than a decade of experience with medium-term budgeting and preparing and presenting macro frameworks |
| Notes |
At head of title: Fiscal Affairs Department |
|
"September 2014." |
|
"July 2016--Cover." |
|
Description based on online resource; title from pdf title page (IMF website, viewed August 26, 2016) |
| Subject |
Financial institutions -- Management -- State supervision -- Kenya
|
|
Fiscal policy -- Law and legislation -- Kenya
|
|
Financial risk management -- Kenya
|
|
Economic policy
|
|
Financial risk management
|
|
Fiscal policy
|
| SUBJECT |
Kenya -- Economic policy
|
| Subject |
Kenya
|
| Form |
Electronic book
|
| Author |
Last, Duncan, author, (IMF staff)
|
|
Abdallah, Chadi, author, (IMF staff)
|
|
Harris, Jason (Economist), author, (IMF staff)
|
|
Kuteesa, Florence, author.
|
|
Anderson, Guy, author, (IMF staff)
|
|
Rahim, Fazeer, author, (IMF staff)
|
|
Fisher, Lesley, author, (IMF staff)
|
|
International Monetary Fund. publisher.
|
|
International Monetary Fund. Fiscal Affairs Department, sponsor.
|
| ISBN |
9781475538069 |
|
1475538065 |
|
