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public debt, (2) tracking the evolution of the debt-to-GDP ratio in the next half-decade through standard debt sustainability …
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In response to a request from the Government of Kenya, an AFRITAC East (AFE) government finance statistics (GFS) technical assistance (TA) mission was conducted in Nairobi, Kenya, during October 7-16, 2019. The primary objective of the mission was to support staff in improving the quality of...
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The implementation of Fiscal Responsibility and Budgetary Management (FRBM) Act led to a conflicting trade-off between fiscal discipline and social sector spending. The scenario was expected to be even worse at the state level, given the imbalance between responsibilities and revenue of the...
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