As Kenya’s economy recovers from the global economic shocks, the government and policymakers should consider formulating policies that stimulate economic activities, restore confidence, and promote sustainable growth. The 2023 Finance Bill contains more contractionary measures that may see the economy shrink more. It may be of benefit to some parties, but to most Kenyans, itContinue reading “Is Increasing Taxes Really the Solution to Kenya’s Revenue Problem?”
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De-dollarization and its Impact on Developing Countries
Former US President Donald Trump had warned: “Our currency (US Dollar) is crashing and will soon no longer be the world standard, which will be our greatest defeat in 200 years.” The imposition of economic sanctions on Russia by the Western block may have spurred many countries’ interest in going ahead with de-dollarization. Being oneContinue reading “De-dollarization and its Impact on Developing Countries”
Possible Solutions to the Rising Cost of Living in Kenya
Over the past couple of months, the rising cost of living has been a global crisis given the ripple effects of Covid-19 and the Russia-Ukraine war invasion disrupting the global supply chains. The Kenyan government has been taking substantial efforts to curb the rising cost of food. The unga subsidy last year was a greatContinue reading “Possible Solutions to the Rising Cost of Living in Kenya”
The Kenyan Economic Journal 