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Government and Policy

The People’s Dialogue: Examining Public Finance Concerns In Kenya

BY Steve Biko Wafula · March 6, 2024 06:03 pm

The East African Tax and Governance Network (EATGN), in collaboration with the Center for Multiparty Democracy (CMD), is hosting “The People’s Dialogue Festival (PDF)” on March 7, 2024, at the University of Nairobi (UoN) Graduation Square.

The title of the event, “Walking the Tightrope: Economic Fairness in Kenyan Public Finance Governance and Service Delivery,” underscores the event’s focus on critical public finance issues in Kenya.

Context and Issues

The event is being held as Kenya grapples with various public finance challenges. The conversations are around the ongoing debate surrounding the Housing Levy, the recent acquisition of a Eurobond, and the country’s “greylisting” by the Financial Action Task Force (FATF) concerning money laundering and terrorist financing. These issues, along with the upcoming national budget discussions, highlight the complexities of Kenya’s public finance landscape.

Read Also: Counties Are Spending 70% Of Revenue On Salaries And Allowances

Objectives and Approach

The event aims to address these complexities by fostering dialogue among various stakeholders. The event’s objectives include sharing research and knowledge on pertinent public finance matters, raising awareness of the current service delivery challenges, and advocating for accessible and accountable governance.

Panelists and Moderator

The presence of distinguished panelists, including Kenyan legislator Hon. Kimani Ichung’wah, civil society leader Diana Gichengo, and budget expert Dr. Abrahma Rugo, promises insightful discussions. Bonney Tunya, a communication specialist, will moderate the forum.

Addressing Public Concerns

The purpose of the event is to emphasize Kenyans’ desire for fairness in tax collection, allocation, and spending, along with the expectation of transparent and just consequences for financial mismanagement. The event’s utilization of a Human Rights Based Approach (HRBA) framework underscores its commitment to promoting participation, accountability, and equity in public finance management.

Significance and Potential Outcomes

The People’s Dialogue Festival serves as a crucial platform for open dialogue on critical public finance issues in Kenya. By bringing together diverse stakeholders, the event has the potential to generate valuable insights and recommendations that can inform policy decisions and contribute to improved public finance governance and service delivery in Kenya.

Read Also: Streamlining VAT Compliance: Kenya Revenue Authority’s Initiative For Enhanced Tax Filing

Steve Biko is the CEO OF Soko Directory and the founder of Hidalgo Group of Companies. Steve is currently developing his career in law, finance, entrepreneurship and digital consultancy; and has been implementing consultancy assignments for client organizations comprising of trainings besides capacity building in entrepreneurial matters. He can be reached on: +254 20 510 1124 or Email: info@sokodirectory.com

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