Public debt has a stock problem that tells us what Kenya owes and a flow problem that tells us what happened during the period in question....
A staggering Sh941.60 billion, representing 45.5 per cent of the total expenditure, was used to service debt....
P.A.Y.E. and Domestic Excise underperformed relative to target, reflecting the squeeze on consumer spending and slow job creation...
Kenya plans to finance the budget through balancing domestic and external borrowing, revenue mobilisation, and innovative financing mechanisms...
If Kenya formalise and supported the women in the informal sector, Kenya’s GDP would grow significantly lifting the economy....
Transparency and governance reforms are also central to the strategy, aimed at restoring investor confidence....