effective in controlling and stabilizing prices especially inflation; two, expansionary fiscal policy is not only inflationary …, inflation and lending rates. All data was obtained from the Central Bank of Kenya online repositories. The empirical assessment … stabilizing prices and enhancing growth as expected and avoid macro-economic instability that comes with fiscal dominance. The …

. The world in 2022: slower growth, higher inflation, interest rate hikes .-- C. Effects on the region: large differences …

During the recent inflation episode, the paradigm of separated objectives for monetary and fiscal policies has shown … some limits. Fiscal policies have helped mitigate inflation. We advocate for the emergence of a new paradigm that gives …

lost around 30% of its value. Global oil prices were declining in the first half of the year, the EU import embargo on … Russian oil depressed prices even further; and on top of all that, Russia lost a large slice of what has historically been its …