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. In 2003, progress was made in rooting out corruption and encouraging donor support. Since then, however, the KIBAKI government has been rocked by high-level graft scandals. The World Bank suspended aid for most of 2006, and the IMF has delayed loans pending further action by the government on corruption. The scandals have not seemed to affect growth, with GDP growing more than 5% in 2006. More finance information from Kenya:

General Economic Links:

Chase.com With many branches across the U.S., Chase provides many personal and business banking services DealBook The New York Times online daily digest of finance news and analysis is constantly updated during the market day. Federal Trade Commission – Credit The credit section of the FTC’s website has lots of great consumer information and articles Financial Times This venerable international business newspaper reports extensively on business and stock markets. Financial-portal.com Portal presents comprehensive financial resources, articles, news, stats, indexes, financial institutions etc: - articles on financial topics - financial news - latest currency charts - latest gold, silver, platinum and other precious metal prices - current financial indexes and dynamic graphs - universal currency converters (all major currencies) - stock, commodity and other major exchanges Finweb.com - the independent financial portal "Financial security. Everyone wants it; few have it. Many do not realize that true financial security requires strength in every area of one’s financial affairs. It requires a systematic approach, a strategic plan implemented over time, in order to obtain it. But it can be obtained. With the proper educational training and discipline, financial stability and security is within anyone’s grasp. That’s why we’re here: to provide you with a solid foundation of valuable financial knowledge from which to proceed..." Fitch Ratings Provides independent global credit rating information for the world’s credit markets Forbes.com Extensive coverage of business and financial news, Forbes is one of the premier sites covering the world of business. Google Finance Google Finance provides an unclutered interface to finance news, market summary with graphs, stock quotes, top movers and other indicators. Also search companies by stock code. Kiplinger Personal finance site that offers calculators, business news, quotes and much more personal finance information MarketWatch This Dow Jones operated site provides personal finance news, advice and stock market data and analysis MSN Money The MSN (Microsoft Network) provides a finance portal including latest finance news, market updates and resources. United States Department of the Treasury The federal agency concerned with the financial and economic growth of the United States. Yahoo Finance The Yahoo search engine provides a finance portal with breaking news, market summaries and editor articles.