Publications By Author : IEA-Kenya

5 Found

Date Details Document
Thu, Nov 9, 2023

Analysis of National Government Budget Implementation Report for FY 2022/23

Author(s) IEA-Kenya,

Theme: Budget,

Implementation of the National government budget for FY 2022/23 was marked by a political transition. The previous administration of Jubilee government oversaw the formulation of this budget which was consequently approved by the National Assembly of the 12th parliament of Kenya. Nevertheless, the biggest part (three quarters) of implementation of this budget was undertaken by the current, Kenya Kwanza administration that came into power on the 13th of September 2022 after the general elections of August 2022.

The implementation of this national budget was on the back of a slowdown in economic activity particularly in quarter one (Q1) and quarter 2 (Q2) of FY 2022/23, with a significant rebound in quarter three (Q3). As shown in fig 1(a) the economy expanded by 5.3 percent in Q3 of 2022/23 compared to 6.2 percent in a similar quarter in FY 2021/22. Indications from Kenyan National Bureau of Statistics (KNBS) is that the economic rebound is attributed to the agriculture sector and continued resilience of the tertiary (services) sector.

File Size: 2.05 MB
No of Downloads: 797.

Wed, Sep 13, 2023

Analysis of Kitui County First Quarter (Q1), Second Quarter (Q2) and Third Quarter (Q3) of Financial Year 2022/23 Budget Implementation Report

Author(s) IEA-Kenya,

Theme: Budget, Economic Literacy,

The IEA-Kenya in partnership with the National Democratic Institute (NDI) and CARITUS Kitui, synthesized the first, Second, third quarter of 2022/23 BIRR for Kitui County as part of the “Financial Transparency and Accountability” project. In the analysis, the objective is to establish whether budget implementation is progressing according to the approved budget. Whereas in practice budgets may not always be implemented exactly as they were approved, this analysis will attempt to explain any significant gaps, as these may raise credibility issues.

This brief is intended for public education and policy discourse.Ultimately, this is expected to enhance citizen participation and voice in closing the accountability loop of the budget cycle

File Size: 608.67 KB
No of Downloads: 584.

Mon, Jul 10, 2023

KENYA IN 2040: Mapping Kenya’s future – Four different scenarios

Author(s) IEA-Kenya,

Theme: Foresight, Scenario,

The Institute of Economic Affairs in Kenya has established a tradition of periodically reflecting on visible and less palpable trends in Kenya’s socio-political and economic environment. This curiosity is informed by the need to generate insights and attempt to direct disciplined conversations on the future of Kenya, its institutions, and its people.

It is evident that 2022 presents an opportunity to re-examine and reflect on Kenya’s future. Kenyan society and the country’s economy, still coming to terms with the covid-19 pandemic, now have to navigate a global geopolitical transition that will have lasting repercussions. While these exogenous shocks are out of the country’s control, Kenya’s ability to deal with a changing external environment and pursue its national development goals are very much a function of its institutions and policy framework. Accordingly, the Kenya in 2040 scenarios will focus on the quality of these institutions and the direction policy takes. Scenario building techniques are important in moments of uncertainty and as tools for questioning comfortable narratives that people are accustomed to telling themselves

In addition to the qualitative analysis of the interplay between institutions and policies, the IEA has partnered with Oxford Economics Africa to lend this scenario analysis qualitative credibility by formally modelling the various scenarios. Not only does this produce a more vibrant picture of the economic outcomes, but it also allows for more informed discussion and policy debates. Unlike many other scenario projects that have been undertaken, this edition contains an element of prescription. We maintain that the country’s future is far from pre-determined, and that healthy debate and public discourse is the main channel through which to pursue the most desired outcome. May the scenarios presented in this publication contribute towards identifying that outcome and making Kenya’s path towards that outcome clearer.

File Size: 785.49 KB
No of Downloads: 802.

Mon, Jul 10, 2023

Citizen’s Alternative Budget 2023/2024

Author(s) IEA-Kenya,

Theme: Budget,

The Citizen’s Alternative Budget contains budget proposals from the public and private sector stakeholders, who attended the IEA annual pre-budget hearings that took place on 18th and 19th January, 2023 virtually. The proposals submitted were consolidated and synthesized by the IEA according to the various Medium Terms Expenditure Framework (MTEF) sectors, largely based on their feasibility, whether they make economic sense and whether they are in line with the national priorities of the government. Furthermore, this alternative budget takes cognizance of the budget policy statement 2023/2024 as a pre-budget statement that sets the macroeconomic framework through which the government will prepare the forthcoming budget and the National Treasury notices on the guidelines on budget proposal submissions for the fiscal budget for the financial year 2023/2024.

File Size: 1.09 MB
No of Downloads: 261.

Wed, May 24, 2023

MEMO – Comments on the Finance Bill, 2023

Author(s) IEA-Kenya,

Theme: Finance Bill,

The Cabinet Secretary of finance on Thursday, 4th May, 2023 and in compliance with the Public Finance Management Act, presented the Finance Bill 203, to Parliament for consideration. The bill proposes to make amendment to various tax laws, including the Income Tax Act (CAP 470), the Value Added Tax Act, 2013, the Tax Procedures Act, 2015, the Miscellaneous Fees and Levies Act, 2016 and the Excise Duty Act, 2015. The IEA-Kenya in response to the National Assembly call for the public to provide their input into the finance Bill 2023 have prepared some comments with a summary which shows various amendments proposed by the bill and justification of each of the proposal

File Size: 468.43 KB
No of Downloads: 283.