Kenya Can Cut Public Debt-to-GDP Ratio by a Third While Generating Jobs if it Prioritizes Fiscal, Governance, and Structural Reforms
Kenya’s fiscal policy could be better used to create more and better jobs, strengthen the social contract with Kenyan citizens, provide better public services, and spur inclusive economic growth. Strengthening governance is paramount to reduce fiscal leakage which undermines public trust, while structural reforms are needed to promote productivity and growth in an environment of fiscal consolidation.