Diplomatic representation in the US:
chief of mission: Ambassador Peter Rateng Oginga OGEGO chancery: 2249 R Street NW, Washington, DC 20008 telephone: [1] (202) 387-6101 FAX: [1] (202) 462-3829 consulate(s) general: Los Angeles
Diplomatic representation from the US:
chief of mission: Ambassador Michael RANNEBERGER embassy: US Embassy, United Nations Avenue, Nairobi; P. O. Box 606 Village Market, Nairobi 00621 mailing address: Box 21A, Unit 64100, APO AE 09831 telephone: [254] (20) 363-6000 FAX: [254] (20) 363-410
Flag description:
three equal horizontal bands of black (top), red, and green; the red band is edged in white; a large warrior's shield covering crossed spears is superimposed at the center
Economy
Kenya
Economy - overview:
The regional hub for trade and finance in East Africa, Kenya has been hampered by corruption and by reliance upon several primary goods whose prices have remained low. In 1997, the IMF suspended Kenya's Enhanced Structural Adjustment Program due to the government's failure to maintain reforms and curb corruption. A severe drought from 1999 to 2000 compounded Kenya's problems, causing water and energy rationing and reducing agricultural output. As a result, GDP contracted by 0.2% in 2000. The IMF, which had resumed loans in 2000 to help Kenya through the drought, again halted lending in 2001 when the government failed to institute several anticorruption measures. Despite the return of strong rains in 2001, weak commodity prices, endemic corruption, and low investment limited Kenya's economic growth to 1.2%. Growth lagged at 1.1% in 2002 because of erratic rains, low investor confidence, meager donor support, and political infighting up to the elections. In the key December 2002 elections, Daniel Arap MOI's 24-year-old reign ended, and a new opposition government took on the formidable economic problems facing the nation. After some early progress in rooting out corruption and encouraging donor support, the KIBAKI government was rocked by high-level graft scandals in 2005 and 2006. In 2006 the World Bank and IMF delayed loans pending action by the government on corruption. The international financial institutions and donors have since resumed lending, despite little action on the government's part to deal with corruption. The scandals have not weighed down growth, with estimated real GDP growth at more than 6 percent in 2007.
GDP (purchasing power parity):