Spending, Taxes and Fiscal space – The Difficult Trade-offs of Restoring Kenya’s Fiscal Health

As mandated under the Public Finance Management Act of 2012, Treasury published the Budget Policy Statement (BPS) outlining the government’s spending priorities for the next fiscal year.  Parsing through the BPS, it’s clear that the government will be seeking to restore fiscal health while still stimulating economic activity. However, given that traditionally the two goals … Continue reading Spending, Taxes and Fiscal space – The Difficult Trade-offs of Restoring Kenya’s Fiscal Health