This archive report was first published on 8 January 2020.
As the country struggles to make ends meet, the Kenya Revenue Authority (KRA) has introduced a reward scheme to encourage people to report tax evasion cases.
The scheme, which offers a reward of up to Sh2 million, is seen as a desperate measure to meet the country's revenue collection targets.
However, economist David Ndii has warned that the country's economic crisis cannot be solved by technical fixes alone, and that a radical fiscal adjustment and reforms are required to turn things around.
According to Ndii, the country needs political leadership, goodwill, resolve, sacrifices, and risk-taking to overcome its economic challenges.
He also warned that things are likely to get worse before they get better, with job losses, capricious taxation, business failures, and a higher cost of living on the horizon.
Kenya's debt has continued to grow, with the country spending a third of its revenues collected domestically in the first month of 2019/20 to repay debt.
As of June, the country's debt was projected to reach Sh696.5 billion, with the Central Bank Governor, Patrick Njoroge, warning that households are not feeling the effects of the country's GDP growth.
With the economy in a precarious state, the question remains whether the country will be able to navigate the challenges ahead and bring those responsible for stealing public money to book.
