The main activities for Macroeconomics Department are research and capacity building. The objective is to conduct research and policy analysis towards ensuring macroeconomic stability in Kenya. The key research themes in the department are economic growth analysis; fiscal policy; monetary policy; external sector; and forecasting analysis using tools such as the KIPPRA-Treasury Macroeconomic Model (KTMM), Social Accounting Matrix (SAM) and poverty modules. The department also influences policy through participation in several economic policy taskforces in the government. This is articulated through the following thematic areas:
- Macroeconomic policy research and modeling: KIPPRA-Treasury Macroeconomic Model (KTMM);
- Kenya Economic Report;
- Social Accounting Matrix (SAM) and Computable General Equilibrium (CGE) modeling;
- Public Expenditure Management; and
- Support to the public policy process.