Browsing: Bottoms-Up Economic Transformation Agenda

• Efficient public spending in Kenya has been elusive over the year with the East African country forced to borrow to meet its budget
• Further the firm is recommending more performance based incentives for industries by the government to enable grow the jobs offering.
• PwC adds that Proposed allocation of Sh4.5 billion for County Aggregation and Industrial Parks (CAIPs) will help to reduce post-harvest losses.

Experts are warning Kenyans to brace for a tough 2024-25 financial year as the government moves to ramp up revenue measures to finance the recently released budget.

A post budget analysis by Audit firm Deloitte has revealed that the new year will be a hard one for Kenyans and will require fiscal discipline to navigate.

Doris Gichuru, partner for tax and legal at Deloitte says that Given the Finance Bill 2024 there is going to be a challenge in private consumption from the various measures though …