Kenya: AfDB Urges Fiscal Reforms to Boost Kenya's Economic Growth

Kenya: AfDB Urges Fiscal Reforms to Boost Kenya's Economic Growth

Nairobi -- The African Development Bank (AfDB) has called for reforms that will broaden fiscal revenue, formalize the informal sector, deepen financial markets, and maximize the country's human resource dividend to enhance Kenya's ability to mobilize its own capital for development.

AfDB urges Kenya to broaden tax base improve compliance

The African Development Bank Group (AfDB) has proposed key reform measures to enhance Kenya’s ability to mobilise its own capital for development in its newly-released Country Focus Report (CFR) for Kenya.  Released under the theme “Making Kenya’s Capital Market Work Better for its Development”, the report shares the latest data and analysis on Kenya’s economic […]

African cities deepen fiscal reform efforts – New Business Ethiopia

Urban areas across Africa are growing at a remarkable pace, but many city governments are being asked to deliver more with limited fiscal space and constrained access to capital. Despite these pressures, some city administrators say they are “seeing real progress,” as explained by James Muchiri, Deputy Governor of Nairobi City County: “In the last […]