Apart from raising money to pay for external debt and for top officials to steal, obviously, I think that the Kenyan government is also increasing taxes to curb inflation sort of like what the US government has been doing by increasing interest rates to tame inflation. The taxes will reduce the amount of money in circulation in the economy. This will translate to lower disposable income and might force things to become cheaper in the long run as there will be lower demand for goods and services due to less money in people’s pockets.
The lower consumer buying power will lead to less imports so less demand for the dollar. This will stabilize the Kshs to dollar rate for sometime…
Wewe kaka naona kuna class fulani ya microeconomics ulisusia. Ingia online saka notes, piga revision, kuja hapa and apologize for posting misleading information.
Walae talkers nlikua nadhani Nyinyi wajanja… Ati CV? I don’t apply for jobs… Jobs look for me. Nimeona Kweli why bonobos remain to be bonobos. No reason urguing with you… Arror anafaa apipinye nyinyi visawasawa mumee akili…
Hehe. Kwani hauna CV kwa email hata Ile ulirusha mahali after graduation ama time ya kusaka internship? Mimi nikona ya page Moja, nilichora in 2010 nikisaka attacho. Arror tushamzoea, Sahi hata Mimi naona nikipata deals. Lazima nikule tax money
My degree si ya mbisiness but Kuna unit ya engineering economics nilipambana nayo nikiwa first year