The Kenya Private Sector Alliance (KEPSA), in collaboration with the Kenya Investment Authority (KenInvest), held a high-level roundtable to address critical challenges facing businesses in Kenya, focusing on creating an enabling environment for sustainable economic development.
Speaking at the event held at Serena Hotel in Nairobi, the Principal Secretary (PS) for National Treasury Chris Kiptoo underscored the importance of a stable business environment in spurring job creation, boosting revenue, and ensuring economic resilience.
He reaffirmed the government's plan to reduce the fiscal deficit from 8.3 percent in 2021 to a projected 4.5 percent in the 2025/26 financial year, citing enhanced tax compliance, the digitization of procurement systems, and targeted expenditure cuts as key strategies.
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