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However, their campaign promises, some of which are ambitious, may be constrained by a difficult budgetary situation, something which neither camp denies.
KENYA: Economy may define Ruto’s first 100 days
Most notably, the president promised to reinvigorate the economy through a bottom-up approach that rewards Kenya’s “hustlers” -- those who must work and ‘hustle’ for a living…
However, due to the Fund's outdated quota calculations, underperforming states would benefit the most, while Africa's most dynamic economies would see limited gains.
With an ambitious development agenda to fund amid mounting debt, and under pressure from the IMF to rationalise revenues, the government aims to increase fiscal space with a set…
Prospects for Sub-Saharan African economies in 2018.
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DOI: 10.1108/OXAN-DB225939
ISSN: 2633-304X
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Geographic
Topical
The bill would also introduce sweeping consumer protection measures to prevent high-interest loans but takes no steps to repeal or modify interest rate caps imposed in 2016 as a…
Kenya's post-election ecoonomic outlook.
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DOI: 10.1108/OXAN-DB227705
ISSN: 2633-304X
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Geographic
Topical
Facing a worsening fiscal situation amid the COVID-19 pandemic but reluctant to participate in G20 debt restructuring, Kenya arguably had few other options than to apply for new…
Details
DOI: 10.1108/OXAN-DB260879
ISSN: 2633-304X
Keywords
Geographic
Topical
African debt crisis?