Kenya - Structural Adjustment Loan

The present intervention concerns the Structural Adjustment Loan. It’s designed to support the implementation of the reform program to stimulate economic growth and reduce poverty in the framework of the Interim Poverty Reduction Strategy Paper (IPRSP). The intervention supports reforms specified in the Letter of Development Policy and the policy matrix, concentrating on three core areas as follows: Governance, Civil service reform, Budget and expenditure Management reform. The reforms should help improve the allocation of public resources, improve access of the poor to basic social services and enhance their income generating capacity. The proposed Structural Adjustment Loan should complement the support provided by the Bretton Woods Institutions, DFID and the EU (should be approved in November 2000).