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TIFA: Confidence in government goes up despite continued economic doubt

Judd Mutua by Judd Mutua
September 15, 2023
in News
Reading Time: 2 mins read

A poll by TIFA has revealed that a large majority of Kenyans now believe the country is going in the right direction despite reduced optimism on the economic situation

49 percent of Kenyans in the survey believe the country is heading in the right direction, a big improvement from a similar poll done in March of this year, when only 37 percent of Kenyans believed so.

Read more: Kindiki confirms recovery of 48 Worldcoin orbs and gadgets for forensic analysis

“The higher overall (mean) score the government receives as compared to June in terms of whether it has at least begun to fulfill its campaign promises should give home to its leadership that at least a significant section of the public is willing to give it the benefit of the doubt regarding the next four years,” said TIFA in the report.

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However not all indicators are positive for the government as a majority of those surveyed believe that they are worse of economically compared to when Ruto’s administration took office. With 39 percent of those who believe the country is heading in the right direction expressing doubts over the economy.

Despite the negativity surrounding the economy the government recently revealed plans to raise even more taxes from Kenyans.

“In FY 2022/23, Kenya’s tax gap was estimated at 11.5 percent of GDP. We need to up measures to increase tax to GDP ratio and ensure effective provision of services to the public,” said Ndung’u.

Read more: Treasury unveils draft debt strategy with major tax reforms

With plans to introduce even more taxes Ruto’s administration faces a fine balancing act trying to manage expectations for the economy with the economic realities on the ground.

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Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

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