Petroleum Price Shocks, Fiscal Distortions, and a Reform Roadmap for Kenya in 2026
Thu, May 28, 2026 | 2:52 pm
Introduction
The conflict in the Persian Gulf that began in March 2026 has severely disrupted global oil supplies, with effects concentrated in ...
The Opportunity Cost of Kenya’s National Infrastructure Fund
Wed, May 6, 2026 | 4:11 pm
In the last two months, parliament has passed into law, the National Infrastructure Investment Fund Act of 2026.
The stated purpose of ...
Growth is Good and Growth is All That’s Required: Notes from the Growth Summit 2026
Thu, Apr 23, 2026 | 12:09 pm
The international development community has long been obsessed with "adjectival qualifiers," treating economic growth as a gift horse to be looked in ...
Where has the IMF gone?
Wed, Jul 2, 2025 | 10:49 am
Some Kenyans will be only too happy that the IMF negotiators have been missing in action in Nairobi.
Except matters are not ...
Policy Lessons from KRA Staff Reshuffle
Wed, May 14, 2025 | 3:13 pm
Kenya’s government continues with its difficult job of trying to maintaining fiscal solvency, a problem which its core officers describe as liquidity ...
Why Policies Limiting Early Access to Retirement Savings are Misguided
Fri, Mar 14, 2025 | 1:23 pm
Among the most concerning things in Kenya today is the relentless march of the state through laws and regulations and into areas ...
Mr. Trump and Kenya’s Macro
Wed, Dec 11, 2024 | 10:48 am
It has always been difficult to tie Mr. Trump’s statements to his subsequent policy actions.
That fact qualifies any certainty in discerning ...
Two Immediate Monetary-Framework Imperatives for Mr. Mbadi
Sun, Nov 3, 2024 | 2:11 pm
The credibility of Monetary Policy in Kenya is compromised at present by two factors:
As we anticipated mid-year, inflation is headed below ...
Adjusted IMF Program Demands on Kenya
Wed, Oct 23, 2024 | 11:11 am
In the IMF WEO published yesterday, the IMF elaborated its macroeconomic framework for the ongoing IMF program.
The numbers clarify how the ...