KIPPRA hosted Stakeholder Workshop on the Review of the KIPPRA Treasury Macroeconomic Model (KTMM) on 29th January 2024. The workshop was graced by Executive Director Dr Rose Ngugi and attended by representatives from the National Treasury, International Monetary Fund (IMF), Central Bank of Kenya, Kenya Revenue Authority, Addis Ababa and Kenyatta Universities.
KTMM was developed between 2000 to 2003 by KIPPRA. Over the years, KIPPRA and the National Treasury have used the model for budget planning process, building scenarios for discussions with the donors especially during the IMF’s Article IV consultations, and also in conducting research. The model has also formed an important foundation for KIPPRA’s capacity building initiatives for economists serving in the government of Kenya and even other governments in the region.