On Thursday 15th June, the Budget for the financial year of 2023/2024 was read before the National Assembly, highlighting the government’s Bottom-Up Economic Transformation Agenda. This was pursuant...
Develop and issue Medium-Term Expenditure Framework (MTEF) guidelines Launch of sector working groups Development of Medium-Term Budget Framework (BROP) Preparation and submiss...
Highlights of the Finance Bill, 2023 The Finance Bill, 2023 has made several proposals in various sectors and sub-sectors that play a major role in spurring Kenya’s economic growth. Some of these se...
The first budget of President William Ruto’s administration, geared towards an economic turnaround and inclusive growth, came against a background of a challenging domestic and external environment....
President William Ruto stated that Kenya would ratify one of the Malabo Treaties (2014) focusing on empowering the Pan-African Parliament to be a proficient legislative organ of the African Union (AU)...
The Finance Bill 2023 proposes a raft of tax measures, some of which appear to have explored some uncharted territory. This is the first Bill under the new regime and it is grappling with several chal...
The National Treasury recently published the Third Quarter report for the financial year 2022/2023 per the provisions of the Public Finance Management Act, 2015. Below are some of the highlights of th...
The Kenya National Bureau of Statistics (KNBS) recently published the Economic Survey 2023. Economic surveys are aimed at promoting a better understanding of the economic situation and key challenges ...
The Finance Bill, 2023 which has got many tongues wagging across the country was tabled before the National Assembly on Thursday, May 4, 2023, by the National Treasury. The Bill proposes an array of t...
Kenyans who travel by air are familiar with the concept of duty-free shops. This is where one buys specific goods such as perfumes, cosmetics, tobacco and hard liquor at lower prices because import du...
What is the IMF? The International Monetary Fund (IMF) was established in 1944 in the aftermath of the Great Depression in the 1930s. At the founding stage, the membership of the IMF comprised 44 memb...
The Finance Bill 2023 is the first fiscal legislative proposal under the Kenya Kwanza administration, aimed at implementing the Bottom Up Transformation Agenda. The Kenyan economy is expected to maint...