The government is committed to undertaking both revenue and expenditure reforms, National Treasury and Economic Planning Cabinet Secretary John Mbadi said.
On revenue, the government is undertaking reforms in tax policy and revenue administration geared towards expanding the tax base and improving tax compliance, he added.
On expenditure, the CS said the focus will be on re-rationalization, reprioritization, and enhancing transparency and accountability in public spending.
In a speech read on his behalf by Kenrick Ayot, Senior Deputy Director, Treasury, during the African Development Bank Group (AfDB) launch of its Kenya Country Focus Report (CFR), the CS said all this will be done through automation and digitization of the Kenya Revenue Authority (KRA). "The government will continue implementing growth-oriented fiscal consolidation plans designed towards slowing down the growth of public debt while protecting service delivery to citizens", he noted The AfDB report under the theme Making Kenya's Capital Work Better for Its Development" outlines the global financial architecture as a significant barrier to Kenya's development financing goals.
