Discover and read the best of Twitter Threads about #kamlive

Most recents (3)

KAM Vice-Chair @MucaiKunyiha - We shelved our plans for the year, so we need to start thinking anew. Budget lacks some ambition. It seems we are yet to understand the impact of #COVID19KE in order to survive.

#BudgetKe2020
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KAM Vice-Chair @MucaiKunyiha - The manufacturing sector is looking for a level of coherence in the development policies. If we keep adding new taxes, we keep adding complexities in doing businesses, which hinders manufacturing competitiveness.

#BudgetKe2020
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We have hardly used the energy rebate program, but it has been pulled out. This inconsistency hinders investments, which makes the government lose credibility in the international market - KAM Vice-Chair @MucaiKunyiha

#BudgetKe2020
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Read 5 tweets
The #BudgetKe2020 seeks to implement a lot of programs, including Economic Stimulus Program, Big 4 Agenda - some of which are repetitive. We end up having fancy-named programmes, doing the same things - Jane Ndung'o, @SafalGroup External Affairs Manager

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Jane Ndung'o, @SafalGroup External Affairs Manager - Most of these programs lean on supporting SMEs, but funding will be drawn from large companies, who are large taxpayers but given little incentives.

#BudgetKe2020
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I urge the government to set aside more funds to combat illicit trade, which has eaten into the local industry's market share - Jane Ndung'o, @SafalGroup External Affairs Manager Image
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KAM CEO @wakiaga_phyllis - There have been both supply and demand-side shocks caused by #COVID19 out of which no economy will emerge unscathed. The pandemic will require us to think outside the box as we develop fiscal and monetary policies.

#KAMLive
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KAM CEO @wakiaga_phyllis - In this crisis period, #BudgetKe2020 should prioritize supporting the most vulnerable businesses & households. The mitigation measures introduced should create pre-conditions for a strong recovery.

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The policy response by the government has been the 8-point economic stimulus package & tax incentives. New introductions are the minimum tax & gazettement & enforcement of list of items to be bought under Buy Kenya Build Kenya - KAM CEO @wakiaga_phyllis

#BudgetKe2020
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Read 3 tweets

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