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More on Tag: Economy

13 Mar 2021

A new frontier: A case for legalizing marijuana in Kenya

The evolution of African policy and interests in legal cannabis production continues to gain traction. In October 2020, the Rwandan Cabinet approved regulatory guidelines for the production and proces...

13 Mar 2021

A year of resetting what is normal: 12 months post COVID

Today we mark exactly one year since Kenya recorded its first case of COVID-19 on 12th March, 2020.In its wake, the coronavirus disease has left our national consciousness wounded and scarred, every a...

19 Feb 2021

BPS and Trade sector – General Economic and Commercial Affairs(GECA)

In the MTEF period 2017/18-2019/20, the total approved budget for the sector’s programmes and sub programmes was 78.9 Billion Ksh, while the actual expenditure was 66.47 Billion Ksh. This represente...

12 Feb 2021

Part 2 on the BUDGET SERIES: Which way forward for Kenya’s economy? Highlights of Kenya’s economic outlook and proposed recommendations

The Kenyan economy is currently facing significant challenges as a result of the COVID-19 (C19) exacerbating an already grim situation. Despite having attained a lower middle income status in 2014, Ke...

25 Jan 2021

National Treasury request for comments on the Draft 2021 Budget Policy Statement for the MTEF FY 2021/22-2023/24 Budget

The National Treasury has finalized the Draft 2021 Budget Policy Statement for the MTEF FY 2021/22 -2023/24 budget which is available at the National Treasury website www.treasury.go.ke. and it invite...

11 Dec 2020

Government set to roll back COVID tax relief measures in January 2021

Per statistics by the World Bank, Kenya is set for a relatively short setback from COVID-19 with a s 4 percentage-point dip in growth this year, and 5.2 percent growth returning in 2021. This is still...

27 Nov 2020

CS National Treasury remarks at MTEF hearings

In his key note at the opening of the opening of the public Hearings on the FY 2021/22 and the medium-term Budget proposals at the Kenyatta International Convention Center on 25th November 2020, CS Uk...

27 Nov 2020

Private Sector engagement in the budget making process

The Kenya budget cycle is well on its way and is in fact half way through with the National Treasury and Planning having just concluded the public hearings for FY 2021/22 and Medium-Term budget propos...

20 Nov 2020

Highlights of the first quarterly economic and budgetary review report in the 2020/21 FY

10.7% Growth in broad money supply, M3, improved to 10.7 percent in the year to September 2020 compared to a growth of 6.5 percent in the year to September 2019....

30 Oct 2020

COVID-19: Global trade value chains, taxation, and recovery

Ideally, removing the non-tariff barriers that remain the biggest hindrance to continental trade can foster regional integration, which must play a key role in the crisis recovery strategies in Africa...

16 Oct 2020

FTA Series – Part 5: Impact of US-KE FTA on agriculture

It’s impossible to overstate how much Congress cares about agriculture – US agriculture is very productive, and we now want to work out how to sell it.” – A Senior USTR Adviser, 2020...

25 Sep 2020

Treasury’s take: Impact of Covid-19 on Kenya’s Economy

The outbreak of the Covid-19 pandemic in 2019 has caused the most severe global economic setback. Its impact to our economy includes: -Loss of lives -Decline in demand of Kenya’s goods and services,...
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