Kenya has no balanced-budget rule, however, the Public Finance Management Act sets out two at-risk fiscal rules....
The Chronicle will hold Sifuna to the analysis he has promised. When it lands, five things will tell us whether it is a budget or a slogan....
An economy does not distribute its gains equally simply because government announces an ambitious programme....
In the 2027 manifestos, “Stop corruption” to reduce government spending may be an important objective, but it is not a budget line....
Manifestos will tell Kenyans what politicians want to do, while the budget will tell them what the state can afford to do....
Nearly 31.2 per cent of the entire budget is consumed by past obligations and debt service before Kenya can buy a single desk or bottle of medicine....
2024 protests were driven by a disgruntled youth population reeling from a heavy tax burden, corruption, economic hardship, and shrinking employment....
A staggering Sh941.60 billion, representing 45.5 per cent of the total expenditure, was used to service debt....
Countries around the world have tried similar funds, with mixed results. Kenya can draw lessons from both the successes and failures....
World Bank proposes fiscal and structural reforms designed to slash debt, ignite economic growth, create jobs, and restore equity....