KIPPRA Economic Modelling Unit
The Economic Modelling Unit provides a centralized hub for policy analysis and forecasting, to strengthen the Institute’s policy advisory roles. The Unit will host various economic modelling tools for this purpose. These include:
1.KIPPRA-Treasury Macro Model (KTMM) – This supports the demand side, supply side and the county modules of policy simulation and medium term forecast for macroeconomic variables such as GDP growth, inflation, current account balance, interest rate, exchange rate, exports, imports, private investments and private consumption.
2.Computable General Equilibrium Model (CGE) – This provides both micro- and macro economic simulations by linking various sectors within the economy and identifying the effect of shocks for policy advice.
3.Kenya Fiscal Incidence Analysis (KFIA) – This tool is utilized to assess the distributional impacts of fiscal interventions by the government.
4.Futures Foresight – This tool helps anticipate multiple scenarios, see new opportunities arising from them, and design better futures through appropriate policy responses.
