KIPPRA DAY 2024

During the ceremony, PS Muhati officially launched the Reviewed KIPPRA-treasury Macroeconomic Model (KTMM) as well as The KIPPRA Young Professionals’ Alumni Portal respectively.

The KTMM model supports the demand side, supply side and the county modules of policy simulation and medium-term forecast for macroeconomic variables such as; inflation, current account balance, interest rates, exchange rates, exports, imports, private investments and private consumption.

This year’s KIPPRA’s day theme “Leveraging on Public Policy to Accelerate Achievement of the Bottom-up Economic Transformation Agenda” resonates with the Country’s development agenda and the collective journey in improving the people’s welfare as articulated in the Fourth Medium Term Plan (MTP IV) of the Kenya Vision 2030.

In his speech, PS Muhati acknowledged KIPPRA`s key role within the MTP IV framework in supporting evidence-based policy making through; upgrading of the KTMM model, undertaking forecasting on key macroeconomic variables, capacity building on macroeconomic modelling and forecasting, preparations as well as dissemination of economic development progress reports and position papers.

“The forum, therefore fosters a collaborative environment between Government, private sector, development partners, civil society, and the academia to ensure that the evidence generated translates to improved service delivery.” Ps Muhati said.

In addition, KIPPRA in Collaboration with Ministries, Departments and Agencies has strengthened public policy formulation across various sectors. The institute’s work on public investment efficiency and its input into the Public-private partnership (PPP) framework has been instrumental in ensuring that Government resources are utilized effectively to achieve National priorities.

“Finally, I would like to congratulate KIPPRA for recently being awarded the “Best Think Tank in Policy Influence in Africa.” Congratulations!” Ps Muhati said.

In conclusion, PS Muhati honored the Institute for pioneering the capacity building programme on Public Policy Making Processes for the Central Planning and Project Monitoring Departments (CPPMDs) technical staff.

In attendance were: KIPPRA Board Chairperson Prof. Paul Wachana, Ag. KIPPRA Executive Director Dr. Eldah Onsomu, KIPPRA Board Members, Chief Executive Officers, National Government Officials, County Government Officials, Private Sector Representatives, Development Partners among others.