With the official approval of the financial year 2023/24 budget estimates and the Finance Bill for transmittal to Parliament for approval, Kenyans will be waiting with bated breath on how the MPs interrogate the Executive on the plan to implement its ambitious targets as espoused in its Bottom-up Economic Transformation Agenda (Beta).
Although the economy has exhibited resilience, there are several risks such as the ongoing Ukraine-Russia — conflict, tightening global financial conditions, high cost of living, debt servicing obligations, political and climate-related challenges as well as the lingering effects of Covid-19 — the country is expected to strike a careful balance if it is to meet the expectations of Kenyans regarding socio-economic advancement.
