Kenya’s Public Debt Blind Spot: The Missing Piece in Debt Sustainability Analysis
Traditional debt sustainability assessments may be asking the wrong question for Kenya. This is because their emphasis has been on whether the ...
Fiscal Policy in an era of Global Instability: The End of Business as Usual
Introduction: The Debt Trap
For a long time, Kenya's fiscal policy was largely a domestic affair. The fiscal discourse was dominated by ...
An Overview of Kenya’s Tax Expenditures: From “Silent Spending” to Fiscal Accountability
Defining Tax Expenditures: The Hidden Budget
Tax expenditures often described as silent spending, are the revenues a government chooses to forgo by ...
Citizen Alternative Budget FY 2026/2027
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Webinar #07of2026: Is Kenya’s SHA Working as Desired? Assessment of Design Issues and Implementation Gaps
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Kenya’s Debt Story: Structural Vulnerabilities and the Path to a Sustainable Trajectory
In the mid-2010s, Kenya embarked on a path toward fiscal consolidation, a strategy designed to set the national public debt on a ...
The Compliance Challenge: Investigating Non-Adherence to Kenya’s PFM Fiscal Rules
Fiscal rules are essentially long-term numerical caps governments impose on themselves, targeting key budgetary metrics like spending, deficits, or debt. Their primary purpose is to ...
Reconciling Public Debt Stock and Flows in Kenya
The brief highlights a stock-flow reconciliation of Kenya's public debt which revealed significant discrepancies in reported figures between FY 2013/14 and FY ...
Is Kenya’s Budget Too Rigid? A look at Non-discretionary Spending
On Thursday, June 12, 2025, the Cabinet Secretary for the National Treasury and Economic Planning presented the Kenya's Budget Statement for the Fiscal Year ...
Budget Credibility Trends and the need for Fiscal Discipline in Kenya
The recent submission of budget estimates to Parliament marks a crucial step in the annual budget cycle, but the true measure of ...