Medium-Term Debt Management Strategy of Kenya
E894083
The Medium-Term Debt Management Strategy of Kenya is a government policy document that guides how the country borrows and manages public debt over a multi-year horizon to ensure sustainability, cost-effectiveness, and reduced fiscal risk.
Statements (59)
| Predicate | Object |
|---|---|
| instanceOf |
government policy document
ⓘ
public debt management strategy ⓘ |
| addresses |
contingent liabilities risk
ⓘ
exchange rate risk ⓘ interest rate risk ⓘ liquidity risk ⓘ refinancing risk ⓘ |
| alignedWith |
IMF and World Bank debt sustainability framework principles
ⓘ
Kenya Vision 2030 NERFINISHED ⓘ Kenya’s macroeconomic policy framework ⓘ Kenya’s medium-term fiscal framework ⓘ Medium-Term Plan of Kenya ⓘ |
| approvedBy | Cabinet of Kenya NERFINISHED ⓘ |
| country | Kenya ⓘ |
| defines |
currency composition of public debt
ⓘ
domestic and external debt mix ⓘ interest rate structure of public debt ⓘ maturity profile of public debt ⓘ preferred debt portfolio composition ⓘ |
| frequency | prepared annually ⓘ |
| includes |
analysis of current public debt portfolio
ⓘ
borrowing plan for the medium term ⓘ cost and risk analysis of alternative borrowing strategies ⓘ debt sustainability analysis ⓘ guidelines for domestic borrowing ⓘ guidelines for external borrowing ⓘ guidelines for issuance of government securities ⓘ guidelines on use of concessional and non-concessional loans ⓘ targets for key debt indicators ⓘ |
| jurisdiction | Republic of Kenya NERFINISHED ⓘ |
| legalBasis |
Public Finance Management (National Government) Regulations
NERFINISHED
ⓘ
Public Finance Management (PFM) Act, 2012 NERFINISHED ⓘ Public Finance Management Act of Kenya NERFINISHED ⓘ |
| objective |
enhance transparency in public debt management
ⓘ
maintain public debt at sustainable levels ⓘ strengthen credibility of government borrowing plans ⓘ support economic growth through prudent borrowing ⓘ |
| policyArea |
fiscal policy
ⓘ
public debt ⓘ public finance management ⓘ |
| preparedBy |
National Treasury and Economic Planning of Kenya
NERFINISHED
ⓘ
National Treasury of Kenya NERFINISHED ⓘ |
| purpose |
ensure debt sustainability
ⓘ
guide public borrowing ⓘ guide public debt management ⓘ minimize cost of public debt ⓘ reduce fiscal risk ⓘ support implementation of the medium-term fiscal framework ⓘ support implementation of the national budget ⓘ support macroeconomic stability ⓘ |
| submittedTo | Parliament of Kenya NERFINISHED ⓘ |
| targetAudience |
Parliament of Kenya
NERFINISHED
ⓘ
development partners ⓘ investors in Kenyan government securities ⓘ policy makers in Kenya ⓘ |
| timeframe |
rolling medium-term period
ⓘ
three-year horizon ⓘ |
| timeHorizon |
medium term
ⓘ
multi-year ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
national fiscal framework of Kenya
→
includesInstrument
→
Medium-Term Debt Management Strategy of Kenya
ⓘ