Business Daily | by Jiandi Kisero
In terms of the economy, Kenya is ready to fly. But we must first graduate from the bad politics that forces us to permanently run unsustainably large budget deficits that are funded by massive external borrowing.
We are going into the BBI process with very shaky government finances. Revenue shortfalls have persisted. The cost of government borrowing has hit the roof. Only constitutional reform can move the economy from the logic of ‘it is our turn to eat’. How far has the BBI report fared? To its credit, the BBI has proposed a raft of measures to strengthen and grant anti-corruption institutions enhanced powers and independence…
