Public spending needs a relook

National Treasury building in Nairobi. FILE PHOTO | NMG

Last week the Institute of Economic Affairs (IEA) held a webinar discussing the status of Kenya as a lower middle-income country, looking at various indicators.

But an anecdote used in the presentation stood out and needs to form part of public discourse — efficient use of public spending in public contracting.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.