Government urged to reduce appetite for external financing

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    The ability of the Kenyan government to collect more revenue continues to be hampered by its inability to onboard the hard-to-tax sectors leading to a failure to deliver on its fiscal consolidation targets. the institute of public finance in its latest macro-fiscal analytic report notes that the collapse of the 2024 finance bill has forced the government to adopt a more piecemeal approach to finding alternative measures to widen the tax base.