https://repository.kippra.or.ke/handle/123456789/2088 2022-10-31T05:28:15Z 2022-10-31T05:28:15Z https://repository.kippra.or.ke/handle/123456789/3521 2022-03-29T16:52:57Z 2021-01-01T00:00:00Z

Kenya Economic Report 2021 on Kenya in the Covid-19 Era: Fast-Tracking Recovery and Delivery of the "Big Four" Agenda The Kenya Economic Report (KER) 2021 is the thirteenth in a series of annual reports prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPRA), pursuant to the KIPPRA Act No. 15 of 2006. The theme for the KER 2021 is “Kenya in COVID-19 Era: Fast-Tracking Recovery and Delivery of the Big Four Agenda”. The overall goal is to provide the basis for turning around the economy, which has been negatively affected by the Coronavirus Disease (COVID-19) pandemic since the beginning of the year 2020, and thus support delivery of the “Big Four” agenda. The “Big Four” agenda, anchored in the third Medium-Term Plan (MTP) of the Kenya Vision 2030, outlines four priority areas to fast-track growth and improve the standards of living of citizens by ensuring food security, expanding the manufacturing sector to create jobs, providing universal health coverage, and providing affordable housing accessible to the low-income earners. Before the COVID-19 pandemic, the economy was robust, expanding by an average of over 5.0 per cent. The pandemic has plunged the economy into a recession, with a very sharp contraction experienced for the first time in the last two decades. The pandemic is much more than a health crisis as it has disrupted the social and economic activities as well. As a result, the economy contracted by 0.3 per cent in 2020. In the medium term, the economy faces other downside risks including the invasion by desert locusts, weather-related risks, and political tensions as the country approaches the 2022 general elections. The rebound of the economy is therefore expected to be driven by recovery in key sectors that were significantly affected by COVID-19; exploiting opportunities such as the African Continental Free Trade Agreement (AfCFTA) in growing trade; sustaining Government investments in infrastructure; and sustaining prudent economic management

2021-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2866 2022-03-29T17:08:16Z 2009-01-01T00:00:00Z

Kenya Economic Report 2009 on Building a Globally Competitive Economy This report analyses Kenya’s recent economic performance, prospects for the medium-term period 2008/09-2011, and national competitiveness. In addition, it benchmarks Kenya’s performance against comparator and selected newly industrialized countries. In accordance with the KIPPRA Act, it has been prepared in consultation with the Ministry of Planning, National Development and Vision 2030; Ministry of Finance; and the Central Bank of Kenya. Most of the data in the report covers the period up to September 2008 and has not taken into account the Kenya Economic Survey 2009. In 2007, the Kenyan economy continued to expand for the fifth consecutive year with a sustained expansion that marked a break from two decades of erratic growth and economic stagnation. Economic growth accelerated from 2.9 per cent in 2003 to 7.1 per cent in 2007. Before the political crisis beset the country following the disputed presidential elections of December 2007, the economy was projected to continue on the expansionary trend and to grow at 7.6 per cent in 2008. Indeed, the social and economic disruptions and damage arising from the political violence, coupled with an unfavourable international environment, have led to a downward revision of Kenya’s economic growth prospects to about 1.5-1.9 per cent in 2008.

2009-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2130 2022-03-29T17:07:30Z 2010-01-01T00:00:00Z

Kenya Economic Report 2010 on Enhancing Sectoral Contribution Towards Reducing Poverty, Unemployment and Inequality in Kenya The Kenya Economic Report (KER) 2010 is the second in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPRA). The report analyzes recent economic performance and medium-term prospects. The theme of KER 2010 is ‘Enhancing sectoral contribution towards reducing poverty, unemployment and inequality in Kenya’. The report, therefore, stresses the need for broad-based sustained growth in order to address the triple challenge of poverty, inequality and unemployment. KER 2010 also continues to benchmark Kenya’s performance against comparator countries and a few selected newly industrialized countries (NB: Date used for cross-country comparison may be different due to data sources). Although Kenya remains the largest economy in the East African Community, its economic performance in 2008 and 2009 was the slowest despite facing almost similar external conditions. This underscores the need for stability and effective management of domestic affairs. While Part I of this report analyzes macro and social sector performance, Part II analyzes the state of the economy at the sector level, namely: agriculture, trade, manufacturing, financial services, tourism, infrastructure and the environment. Part III presents the medium-term prospects for the economy under different policy options. Part IV of the report focuses on how the various sectors of the economy impact poverty, unemployment and inequality. The report recommends broad-based growth so as to maximize synergies, employment generation, equity, and poverty reduction

2010-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2129 2022-03-29T17:03:12Z 2011-01-01T00:00:00Z

Kenya Economic Report 2011 on Transformative Institutions for Delivering Kenya Vision 2030 The Kenya Economic Report (KER) 2011 is the third in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPRA) pursuant to the KIPPRA Act No. 15 of 2006. The report is prepared in consultation with the Ministry of State for Planning, National Development and Vision 2030; Ministry of Finance; and the Central Bank of Kenya. Improvements in Kenya’s economic outlook in 2010 need to be looked at in the context of looming dangers arising from rising global energy prices, food security challenges, and a burgeoning current account balance. These circumstances will have implications on not only the ability to achieve Vision 2030 targets but also the effectiveness with which to implement the Constitution. Part I of KER 2011 provides an analysis of the macroeconomic and socioeconomic performance of the country and provides policy recommendations aimed at enhancing economic growth and reducing poverty. Part II reviews sectoral performance and makes recommendations for changes in light of the ongoing constitutional and administrative reforms. It looks at the medium-term prospects of the various sectors and makes recommendations for reforms to ensure that these prospects are achievable. Part III discusses the transformative institutions for delivering Vision 2030. It benchmarks Kenya’s institutions in the context of Kenya’s development imperatives and the need to pursue smart and inclusive growth, while pursuing global competitiveness. It selectively reviews macroeconomic management, human resource development, and tourism, and reflects on the institutional change imperatives. Part IV focuses on conclusions and makes broad recommendations on the goals and mechanics of institutional reform in Kenya, which will ensure achievement of smart, inclusive and broad-based growth as envisioned by the Constitution of Kenya 2010.

2011-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2123 2022-03-29T17:01:51Z 2012-01-01T00:00:00Z

Kenya Economic Report 2012 on Imperatives for Reducing the Cost of Living in Kenya The Kenya Economic Report 2012 is the fourth in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPRA). The report was prepared in consultation with the Ministry of Planning, National Development and Vision 2030; Ministry of Finance; and the Central Bank of Kenya in conformity to the KIPPRA Act No. 15 of 2006. It was prepared against a backdrop of generalized upward spiral in the cost of living across the globe, which led to social unrest in many countries, and hence the theme Imperatives for Reducing the Cost of Living in Kenya. The report targets policy makers, legislators, and anyone interested in understanding Kenya’s economy. The Kenya Economic Report 2012 has four parts, which can be read independently. Part I covers the macro and socio-economic performance of the economy. It incorporates discussion on governance, population, the labour market, poverty and inequality, health, and education. Part II of the report covers performance in selected sectors and policy issues. These sectors include agriculture, manufacturing, micro and small enterprises (MSEs), tourism, financial services, foreign policy, and infrastructure and economic services. Part III presents medium term prospects, with discussion of current trends across sectors and focus on a three-year projection of key macroeconomic variables, including growth and inflation, poverty, education, health, agriculture, tourism, and energy. Part IV discusses the imperatives for reducing the cost of living in Kenya. This part also provides conclusions and policy recommendations.

2012-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2121 2022-03-29T17:00:45Z 2013-01-01T00:00:00Z

Kenya Economic Report 2013 on Creating an Enabling Environment for Stimulating Investment for Competitive and Sustainable Counties The Kenya Economic Report (KER) 2013 is the fifth in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPRA). The KER 2013 analyses Kenya’s recent economic performance and medium term prospects. The theme of KER 2013 is “Creating an Enabling Environment for Stimulating Investment for Competitive and Sustainable Counties”. This is timely as the implementation of the devolution process continues to gather momentum. The Constitution of Kenya and the County Governments Act No. 17 of 2012 envisage that the 47 county governments will play an important role in Kenya’s economic development. The report underscores the need to build effective and capable county governments that will deliver on their constitutional mandates. Effective coordination and cohesive intergovernmental relations are required to especially support effective public financial management, leveraging partnerships, infrastructure and human resource development, growth of micro and small enterprises and land adjudication. The Kenyan economy is on a strong recovery path, and the medium term prospects are positive, predicated on smooth transition to devolved governance system, continued implementation of the reform agenda as outlined in the Medium Term Plan and Vision 2030, regional stability and security, favorable weather conditions and a stable global economic environment. Nonetheless, the government needs to maintain flexibility in order to effectively respond to the changing policy environment…

2013-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2119 2022-03-29T16:59:45Z 2014-01-01T00:00:00Z

Kenya Economic Report 2014 on Navigating Global Challenges While Exploiting Opportunities for Sustainable Growth The Kenya Economic Report (KER) 2014 is the sixth in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy and Analysis (KIPPA) pursuant to the KIPPA Act No. 15 of 2006. The report is prepared in consultation with the Ministry of State for Devolution and Planning, National Treasury and the Central Bank of Kenya. The overall message of the Kenya Economic Report 2014 is that the growth prospects of Kenya are quite favourable following peaceful transition to a devolved governance system under the Constitution of Kenya 2010; implementation of structural reforms in line with the principles of the Constitution; discovery of oil, gas and other minerals; increased investment in key national and regional infrastructure projects; and on-going regional integration. Timely and effective implementation of the Medium Term Plan II should ensure that the Kenyan economy emerges strong and resilient to external shocks…

2014-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2116 2022-03-29T16:58:57Z 2015-01-01T00:00:00Z

Kenya Economic Report 2015 on Empowering Youth through Decent and Productive Employment The Kenya Economic Report (KER) 2015 is the seventh in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPA). Pursuant to KIPPA Act 2006, the report reviews Kenya’s recent economic performance and provides an outlook for the medium term. he focuses of KER 2015 is ‘Empowering Youth through Decent and Productive Employment’. his is highly relevant and timely within the context of our current development challenges and potential opportunities emanating from demographic change. The youth comprise a large proportion of our labour force, about 60 per cent, and the trend is expected to persist because the segment of the population aged below 35 years is large, estimated at 78 per cent of the total population. Youth empowerment continues to receive attention globally and regionally due to the significant importance of this segment of population in development. Kenya is a signatory to the Commonwealth Plan for Youth Empowerment, and African governments have committed to address youth development challenges under the Decade Plan of Action for Youth Development and Empowerment (2009-2018). he Constitution of Kenya, Article 55, requires the state to take measures to ensure youth have access to relevant education and training; have opportunities to associate, be represented and participate in political, social, economic and other spheres of life; access employment; and are protected from harmful cultural practices and exploitation. Since 2005, the government has been mainstreaming Youth Development agenda, first with the establishment of the Ministry of Youth Affairs, and the implementation of National Youth Policy. The Government is also implementing various policy initiatives, including Youth Enterprise Development Fund, Uwezo and access to public procurement…

2015-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2112 2022-03-29T16:57:09Z 2016-01-01T00:00:00Z

Kenya Economic Report 2016 on Fiscal Decentralization in Support of Devolution The Kenya Economic Report 2016 is the eighth in a series of annual reports on the Kenyan economy prepared by the Kenya Institute for Public Policy Research and Analysis (KIPPA). The report reviews Kenya’s recent economic performance and provides an outlook for the medium term. The focus of this report is ‘Fiscal Decentralization in Support of Devolution’. This is highly relevant and timely within the context of our current development challenges and potential opportunities and gains associated with devolution. Kenya’s devolution is among the most rapid and ambitious devolution processes, whose implementation started with the 2013 general elections. Over the last three years, various achievements have been made in terms of establishing the necessary legal, regulatory and administrative units to support devolution. The relevant functions have also been devolved and resource allocation to County governments exceed the constitutional minimum of 15 percent. Overall, county resource allocation as a percentage of total revenue increased from 19.94 per cent in 2013/14 to 24.18 per cent in 2014/15. County expenditure as a percentage of Gross Domestic Product (GDP) and total government outlays are estimated at 5.6 per cent and 18.9 per cent, respectively. The county governments are raising own resources to supplement the vertical allocation from the national government. Overall, this is estimated at about 11 per cent of total county revenue. However, there are inter-county variations, with most counties are over-relying on the equitable share transfers. Based on the 2014/15 fiscal data, only about 70 per cent of the counties raised locally less than ten (10) per cent of their total revenue...

2016-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2107 2022-03-29T16:56:21Z 2017-01-01T00:00:00Z

Kenya Economic Report 2017 on Sustaining Kenya's Economic Development by Deepening and Expanding Economic Integration in the Region The Kenya Economic Report 2017 is the 9th edition of the series of these annual reports. The theme for the Kenya Economic Report 2017 is Sustaining Kenya’s Economic Development by Deepening and Expanding Economic Integration in the Region. The theme enables us to reflect on the gains, opportunities, and challenges of Kenya’s active participation in various regional integration initiatives, especially the East Africa Community.This report focuses on regional integration, capturing the gains, challenges and potential opportunities that Kenya can exploit in implementing her economic development agenda. his is important in that Kenya needs to exploit available opportunities in expanding its markets. African leaders have been championing regional economic integration as a framework to facilitate implementation of economic transformation and diversification agenda. Under the African Union, a lot of effort has been put on advancement of a Continental Free Trade Area that would bring together all the existing regional blocs.

2017-01-01T00:00:00Z