Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya

Since September 2022, the government of Kenya has been implementing policy measures under its “Bottom-Up Transformation Agenda (BETA)”. Alongside measures aimed at promoting economic recovery and improving livelihoods, the government is also redesigning revenue mobilization instruments geared toward...

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Autores principales: Omune, Lensa, Mbuthia, Juneweenex, Thurlow, James, Diao, Xinshen, Breisinger, Clemens, Ngugi, Rose, Laichena, Joshua, Malot, Kenneth, Shibia, Adan
Formato: Blog Post
Lenguaje:Inglés
Publicado: CGIAR System Organization 2024
Materias:
Acceso en línea:https://hdl.handle.net/10568/141537
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author Omune, Lensa
Mbuthia, Juneweenex
Thurlow, James
Diao, Xinshen
Breisinger, Clemens
Ngugi, Rose
Laichena, Joshua
Malot, Kenneth
Shibia, Adan
author_browse Breisinger, Clemens
Diao, Xinshen
Laichena, Joshua
Malot, Kenneth
Mbuthia, Juneweenex
Ngugi, Rose
Omune, Lensa
Shibia, Adan
Thurlow, James
author_facet Omune, Lensa
Mbuthia, Juneweenex
Thurlow, James
Diao, Xinshen
Breisinger, Clemens
Ngugi, Rose
Laichena, Joshua
Malot, Kenneth
Shibia, Adan
author_sort Omune, Lensa
collection Repository of Agricultural Research Outputs (CGSpace)
description Since September 2022, the government of Kenya has been implementing policy measures under its “Bottom-Up Transformation Agenda (BETA)”. Alongside measures aimed at promoting economic recovery and improving livelihoods, the government is also redesigning revenue mobilization instruments geared towards fiscal consolidation and supporting economic growth. These interventions have already yielded some progress. For example, the latest GDP report indicates that Kenya’s economy grew by 5.9 percent in the third quarter of 2023 – up from 4.3 percent in the same quarter in 2022. To enhance revenue mobilization and raise taxes, the government has started to implement the National Tax policy and the Medium-Term Revenue Strategy (MTRS) for fiscal years 2024/25 to 2026/27. This is expected to raise tax collections from its current 16.0 percent of GDP in 2023/24 to above 20 percent over the medium term.
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institution CGIAR Consortium
language Inglés
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher CGIAR System Organization
publisherStr CGIAR System Organization
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spelling CGSpace1415372024-11-07T09:49:31Z Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya Omune, Lensa Mbuthia, Juneweenex Thurlow, James Diao, Xinshen Breisinger, Clemens Ngugi, Rose Laichena, Joshua Malot, Kenneth Shibia, Adan policies livelihoods economic growth taxes Since September 2022, the government of Kenya has been implementing policy measures under its “Bottom-Up Transformation Agenda (BETA)”. Alongside measures aimed at promoting economic recovery and improving livelihoods, the government is also redesigning revenue mobilization instruments geared towards fiscal consolidation and supporting economic growth. These interventions have already yielded some progress. For example, the latest GDP report indicates that Kenya’s economy grew by 5.9 percent in the third quarter of 2023 – up from 4.3 percent in the same quarter in 2022. To enhance revenue mobilization and raise taxes, the government has started to implement the National Tax policy and the Medium-Term Revenue Strategy (MTRS) for fiscal years 2024/25 to 2026/27. This is expected to raise tax collections from its current 16.0 percent of GDP in 2023/24 to above 20 percent over the medium term. 2024-04-15 2024-04-19T20:05:18Z 2024-04-19T20:05:18Z Blog Post https://hdl.handle.net/10568/141537 en https://hdl.handle.net/10568/140780 Open Access CGIAR System Organization Omune, Lensa; Mbuthia, Juneweenex; Thurlow, James; Diao, Xinshen; Breisinger, Clemens; Ngugi, Rose; Laichena, Joshua; Malot, Kenneth; and Shibia, Adan. 2024. Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya. CGIAR Blog. https://www.cgiar.org/news-events/news/sparking-conversations-research-supports-rethinking-of-agricultural-withholding-tax-proposition-in-kenya/
spellingShingle policies
livelihoods
economic growth
taxes
Omune, Lensa
Mbuthia, Juneweenex
Thurlow, James
Diao, Xinshen
Breisinger, Clemens
Ngugi, Rose
Laichena, Joshua
Malot, Kenneth
Shibia, Adan
Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya
title Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya
title_full Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya
title_fullStr Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya
title_full_unstemmed Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya
title_short Sparking conversations: Research supports rethinking of agricultural withholding tax proposition in Kenya
title_sort sparking conversations research supports rethinking of agricultural withholding tax proposition in kenya
topic policies
livelihoods
economic growth
taxes
url https://hdl.handle.net/10568/141537
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