This financial year, the government will spend most of our money on salaries and debt service!. According to the Estimates, the government will spend a total of Ksh. 266.2 billion over the financial year 2000/2001. Most of this expenditure—250.906 billion (94%) will be on recurrent expenditure and 6% (15.306 billion) is intended as development expenditure. Of the total expenditure, 41% (109.9 billion) goes toward debt
service while 53% (140.970 billion) goes to salaries, operations and maintenance (both debt and salaries &operations and maintenance make up recurrent expenditure)!
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Sun, Jul 2, 2000
The Coffee Industry in Kenya
Coffee production in Kenya takes place in a variety of ways. This is because the production occurs in small and large-scale farms whose dynamics of production are altogether very different. However, even after the liberalisation of the industry, the balancing of the interests of the cooperatives, the Coffee Board of Kenya and the millers has been less than harmonious.
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Mon, May 1, 2000
Restarting & Sustaining Growth in Kenya
The objective of economic growth is only easily attainable within a context of a functional and predictable institutional and political arrangement. The political tensions of the 90s and the dwindling creditability of government have greatly depressed investor confidence.
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Wed, Mar 8, 2000
First Quarter Analysis of the 1999/2000 budget
In this second issue of the Budget Focus, we undertake an analysis of the first quarter of the 1999/2000 financial year, focussing on first quarter allocation and exspenditure trends in seven ministries—all considered critical to poverty eradication. The report attempts to determine whether allocations made correspond with expenditure incurred. The ministries examined are Office of the President (OP),
Agriculture and Rural Development, Education, Health, Energy, Environment and Natural Resources, Roads and Public Works.
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Sun, Mar 5, 2000
Budgeting for the Nation
Issues of public finance management and expenditure have always attracted public interest. However, this quest has been frustrated by an information drought which has only succeeded in alienating the public further from this important subject. It is in response to this that the Institute of Economic Affairs (IEA) has designed a Budget Information Programme (BIP) which, apart from mobilising public and professional
input into the Budget, also undertakes to monitor expenditure.