The ghosts of untaken macroeconomic reforms haunting Kenya

A vendor arranges vegetables at her stall in Wakulima Market, Nakuru City, as she waits for customers on October 30, 2024.

Photo credit: File | Nation Media Group

As critics punch holes in Kenya’s Finance Bill 2026, they only scratch the surface of a severely flawed fiscus, predatory and extractive and biased against impoverished low-income Kenyans.

Riddled with dependent parastatals, kneejerk preconceived supplementary budgets, and irrational taxation, it hobbles and bleeds a tiny fraction of the formal working population. How did Kenyans become the proverbial milk cows?

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