Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model
Kenya’s Medium-Term Revenue Strategy (MTRS FY2024/25-2026/27) which aligns to the Fourth Medium Plan (MTP 2023-2027), aims at raising sufficient resources for the delivery of Government’s priority programmes under the Bottom-up Economic Transformation Agenda. The strategy provides a comprehensive ap...
| Main Authors: | , |
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| Format: | Blog Post |
| Language: | Inglés |
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CGIAR System Organization
2024
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| Online Access: | https://hdl.handle.net/10568/162991 |
| _version_ | 1855518062401290240 |
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| author | Omune, Lensa Mbuthia, Juneweenex |
| author_browse | Mbuthia, Juneweenex Omune, Lensa |
| author_facet | Omune, Lensa Mbuthia, Juneweenex |
| author_sort | Omune, Lensa |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Kenya’s Medium-Term Revenue Strategy (MTRS FY2024/25-2026/27) which aligns to the Fourth Medium Plan (MTP 2023-2027), aims at raising sufficient resources for the delivery of Government’s priority programmes under the Bottom-up Economic Transformation Agenda. The strategy provides a comprehensive approach of effective tax system reforms to boost revenue collection and improve the tax system over the medium term.
In Kenya, taxes form major source of government revenue for delivery of essential public services, and a policy tool to influence economic behavior, promote equity and achieve developmental goals. For instance, in the financial year 2023/2024, taxes accounted for 85.5 percent of total government revenue (National Treasury, 2024). Given the expansion of fiscal expenditure demands, optimizing Kenya’s major tax revenue sources is essential to achieving a sustainable balance between revenue generation and minimal distortion on economic welfare. |
| format | Blog Post |
| id | CGSpace162991 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | CGIAR System Organization |
| publisherStr | CGIAR System Organization |
| record_format | dspace |
| spelling | CGSpace1629912024-12-03T16:37:17Z Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model Omune, Lensa Mbuthia, Juneweenex capacity development computable general equilibrium models policies taxes Kenya’s Medium-Term Revenue Strategy (MTRS FY2024/25-2026/27) which aligns to the Fourth Medium Plan (MTP 2023-2027), aims at raising sufficient resources for the delivery of Government’s priority programmes under the Bottom-up Economic Transformation Agenda. The strategy provides a comprehensive approach of effective tax system reforms to boost revenue collection and improve the tax system over the medium term. In Kenya, taxes form major source of government revenue for delivery of essential public services, and a policy tool to influence economic behavior, promote equity and achieve developmental goals. For instance, in the financial year 2023/2024, taxes accounted for 85.5 percent of total government revenue (National Treasury, 2024). Given the expansion of fiscal expenditure demands, optimizing Kenya’s major tax revenue sources is essential to achieving a sustainable balance between revenue generation and minimal distortion on economic welfare. 2024-12-02 2024-12-03T16:37:16Z 2024-12-03T16:37:16Z Blog Post https://hdl.handle.net/10568/162991 en Open Access CGIAR System Organization Omune, Lensa; and Mbuthia, Juneweenex. 2024. Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model. CGIAR Blog Post. First published online December 2, 2024. CGIAR Systems Organization. https://www.cgiar.org/news-events/news/shaping-the-future-of-kenya-tax-policy-introducing-the-new-kenya-tax-cge-model/ |
| spellingShingle | capacity development computable general equilibrium models policies taxes Omune, Lensa Mbuthia, Juneweenex Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model |
| title | Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model |
| title_full | Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model |
| title_fullStr | Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model |
| title_full_unstemmed | Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model |
| title_short | Shaping the future of Kenya tax policy: Introducing the new Kenya tax CGE model |
| title_sort | shaping the future of kenya tax policy introducing the new kenya tax cge model |
| topic | capacity development computable general equilibrium models policies taxes |
| url | https://hdl.handle.net/10568/162991 |
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