Public Forum on the Analysis of the 2019/2020 National Budget

Post Date: 21 June 2019   |   Category: Budget   |   Hits: 566

The Institute of Economic Affairs (IEA-Kenya) held a public forum on the analysis of the 2019/20 national budget on Thursday, 20 June 2019 at the Sarova Stanley Hotel, Nairobi. The objective of the forum was to share the analysis with different stakeholders with a view of sensitizing the public of the proposals mentioned in the budget speech by the Cabinet Secretary of Finance and their implications on Kenyans.

The forum was moderated by Mr. Kwame Owino, Chief Executive Officer at IEA-Kenya, and the presentation was made by Mr. John Mutua, Programmes Coordinator also of IEA-Kenya.

Speaking during the forum, Mr. John Mutua said that the GDP of Kenya has been on an upward trend and it's currently at 6.3 percent. However, it was difficult to explain how that is happening yet the rate at which people are jobless in the country is wanting with the majority of people working in the informal sector.

What came of out the meeting was that the government should start living within its means such that when a donor withdraws it can survive and generate revenue from major development projects within the country without necessary going for more debt.

The forum was attended by representatives of both the civil society organizations and the private sector, IEA members, economists and researchers, media and the general public.

Follow the link to download the presentation: