Kenya’s 2025 Global Peace Index Score: Counting the Economic Cost of Fragility
Fri, Oct 24, 2025 | 4:58 pm
Kenya ranks 127th globally on the 2025 edition of the Global Peace Index (GPI), with a score of 2.392, slightly worse ...
Beyond the Price Tag: Why What Kenyans Spend Isn’t Always What They Consume
Tue, Sep 23, 2025 | 1:10 pm
Markets in Kenya from Kariokor and Gikomba in Nairobi to Kongowea in Mombasa buzz with the flow of physical cash, bank transfers, ...
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 ...
The Case for More Effective Fiscal Rules in Kenya
Tue, May 13, 2025 | 10:55 am
Kenya’s economy is facing increasing fiscal challenges. These are rising expenditure that outpaces revenue, thus creating budget and fiscal deficits as shown ...
Kenya’s Output Gap
Thu, Apr 10, 2025 | 3:56 pm
Introduction
This note outlines our first analysis of the output gap and its implications for forecasting inflation for 2025.
Theory
The objective ...
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 ...
Is Monetary Policy Too Tight?
Thu, Aug 15, 2024 | 3:10 pm
We recommended (“And then, Floods”) that the Central Bank of Kenya policy rate should be lowered by 300 basis points, from 13 ...