FREE BOOKS

Author's List




PREV.   NEXT  
|<   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598   599   600   601   602   603   604   605   606  
607   608   609   610   611   612   613   614   615   616   617   618   619   620   621   622   623   624   625   626   627   628   629   630   631   >>   >|  
her donors, these reforms have led to a turnaround in economic performance following a period of negative growth in the early 1990s. Kenya's real GDP grew at 5% in 1995 and 4% in 1996, and inflation remained under control. Growth slowed in 1997. Political violence damaged the tourist industry, and the IMF allowed Kenya's Enhanced Structural Adjustment Program to lapse due to the government's failure to enact reform conditions and to adequately address public sector corruption. Moreover, El Nino rains destroyed crops and damaged an already crumbling infrastructure in 1997 and on into 1998. Long-term barriers to development include electricity shortages, the government's continued and inefficient dominance of key sectors, endemic corruption, and the country's high population growth rate. GDP: purchasing power parity-$45.3 billion (1997 est.) GDP-real growth rate: 2.9% (1997 est.) GDP-per capita: purchasing power parity-$1,600 (1997 est.) GDP-composition by sector: agriculture: 27% industry: 20% services: 53% (1995) Inflation rate-consumer price index: 8.8% (1996) Labor force: total: 8.78 million (1993 est.) by occupation: agriculture 75%-80%, non-agriculture 20%-25% Unemployment rate: 35% urban (1994 est.) Budget: revenues: $3 billion expenditures: $3 billion, including capital expenditures of $638 million (FY96/97 est.) Industries: small-scale consumer goods (plastic, furniture, batteries, textiles, soap, cigarettes, flour), processing agricultural products; oil refining, cement; tourism Industrial production growth rate: 3.8% (1995) Electricity-capacity: 808,000 kW (1995) Electricity-production: 3.59 billion kWh (1995) Electricity-consumption per capita: 134 kWh (1995) Agriculture-products: coffee, tea, corn, wheat, sugarcane, fruit, vegetables; dairy products, beef, pork, poultry, eggs Exports: total value: $2.1 billion (f.o.b., 1996) commodities: tea 18%, coffee 15%, petroleum products (1995) partners: Uganda 22.8%, UK 20.1%, Tanzania 19.1%, Germany 14.0%, Netherlands 7.6%, US 6.1% Imports: total value: $2.9 billion (f.o.b., 1996) commodities: machinery and transportation equipment 31%, consumer goods 13%, petroleum products 12% (1995) partners: UK 21.3%, UAE 18%, Japan 14%, Germany, US Debt-external: $7 billion (1994 est.) Economic aid: NA Currency: 1 Kenyan shilling (KSh) = 100 cents Exchange rates: Kenyan shillings (KSh) per US$1-61.164 (January 1998), 58.732 (1
PREV.   NEXT  
|<   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598   599   600   601   602   603   604   605   606  
607   608   609   610   611   612   613   614   615   616   617   618   619   620   621   622   623   624   625   626   627   628   629   630   631   >>   >|  



Top keywords:

billion

 
products
 

growth

 

agriculture

 
consumer
 

Electricity

 
commodities
 

petroleum

 

sector

 

corruption


partners

 

expenditures

 

production

 

million

 

Germany

 

parity

 

coffee

 
capita
 

purchasing

 

industry


damaged
 

Kenyan

 
government
 
cement
 

tourism

 

refining

 

Industrial

 

shilling

 
capacity
 

shillings


Currency

 
Exchange
 

processing

 

January

 

Industries

 

plastic

 

furniture

 

cigarettes

 

batteries

 

textiles


agricultural

 

Exports

 

transportation

 

poultry

 

equipment

 
machinery
 

Tanzania

 
Uganda
 

Imports

 

Netherlands