The IMF Report on Kenya

In this episode recorded on 22.01.2024, we are joined by Churchill Ogutu - Economist, IC Group and Julians Amboko - Business Journalist, Nation Media Group for a discussion on the latest IMF report on Kenya.We also cover the Medium-Term Revenue Strategy (MTRS), broadening the tax base, currency depreciation, and Eurobonds.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction 00:02:26 Why Does Kenya Need the IMF?00:05:09 Takeaways From IMF’s Sixth Review Report00:12:15 Medium-Term Revenue Strategy and the Finance Act 202400:17:24 Augmentation of Existing IMF Programs00:23:47 Extended Credit Facility (ECF) Extended Fund Facility (EFF), And Resilience And Sustainability Facility (RSF00:26:03 Broadening The Tax Base and Fiscal Consolidation00:36:52 Treasury Single Account, Appropriation Bill, and Appropriation Act00:41:16 Currency Depreciation and Special Drawing Rights 00:53:32 Consumption Tax, Refinancing, and Eurobonds01:02:38 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe