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Public Debt Service during Covid-19 Crisis to increase Miseries of the Poor in Kenya
- August 27, 2020
- Posted by: IPF Kenya
- Category: Policy Brief
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The analysis revealed that the growth observed in Kenya’s expenditure has majorly been fuelled by the high public debt spending. This has been at the expense of pro-poor sectorial spending such as spending in the health, social protection, water and sanitation and the education sectors.
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WHAT DOES IT MEAN WHEN THE GOVERNMENT BORROWS FROM THE LOCAL COMMERCIAL BANKS?
- August 12, 2020
- Posted by: IPF Kenya
- Category: Policy Brief
Kenya’s appetite for debt has increased over the years, reaching slightly about Kes 6.33 billion in April 2020 according to the latest Statement of actual revenues and expenditures (Republic of Kenya, 2020). Publicly available data shows that by the end of February 2020, the government had borrowed about Kes 3.04 trillion from the domestic market and about Kes 3.12 trillion externally (CBK,2020).
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Kwale county pending bills was Ksh 989.9 million as at the end of FY 16/17. How do pending bills arise?
- April 25, 2020
- Posted by: IPF Kenya
- Category: Policy Brief
Firstly, when there are delays in the release of the equitable share to the counties, projects that had been budgeted for and executed will remain unpaid by the end of the financial year.
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For devolution to succeed, County assembly budget resolutions must be respected.
- April 25, 2020
- Posted by: IPF Kenya
- Category: Policy Brief
The county fiscal strategy paper (CFSP) is a policy document that provides for the priorities that a county is pursuing in the coming financial year and is a requirement of Section 118 of Public Finance Management Act, 2012.
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Are County Governments Planning for the Financial Year 2018/2019?
- April 25, 2020
- Posted by: IPF Kenya
- Category: Policy Brief
The Annual Development Plan is an extract of a five-year plan called the County Integrated Development Plan (CIDP) as defined by section 108 of the County Government Act, 2012.
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Budget documents availability in the East Africa region has deteriorated
- April 25, 2020
- Posted by: IPF Kenya
- Category: Policy Brief
