Fiscal Sovereignty Beyond the IMF: A Roadmap for Kenya

Is there a credible path for Kenya to wean itself off IMF budget support without triggering a debt crisis? This episode explores what fiscal sovereignty actually requires: a diversified tax base, a development-oriented expenditure structure, domestic capital market depth, and a strategic approach to external financing. We look at countries that have successfully exited IMF dependency and draw lessons for the Kenyan context — acknowledging that no template maps perfectly onto Kenya's political economy.