The Kenya Private Sector Alliance (KEPSA) unveiled eight reforms it will be advocating for in government following the anti-Finance Bill protests witnessed in the last two weeks.
In a statement, the business owners acknowledged that the youth were raising valid points adding that there need to be various reforms to revitalise the country's economy.
As part of austerity measures, private sector players revealed that they would push for the downsizing of the government to reduce recurrent expenditure.
On the other hand, the business owners also noted that the government needed to cut wastage and use available resources prudently.
Equally, they argued the need for tax compliance to be improved and the government to implement projects using the available resources and take the war against graft a notch higher.
"Ensure a balanced budget that reflects the citizens' needs while enabling the government to operate within the confines of the Public Finance Management framework.
"Re-evaluate the current economic model to ensure Kenya's economic growth agenda is not compromised," read the statement in part.
Further, the private sector also stated that it would push for the youth involvement in policy making.
On the other hand, as part of the concerns raised by Kenyans, the private sector players stated that they would be pushing for the reconstitution of the Independent Electoral and Boundaries Commission (IEBC).
The private sector also wants the youth to be represented in proposed IEBC reforms.
"In the long term, we realize that the current economic and political models are not serving us in achieving Vision 2030. The system is broken, and we, as a country, must bring all to the table to craft a system that doesn’t exclude over 60% from economic and political participation," read the statement in part.
KEPSA members form the backbone of the biggest employers in the country. The Kenya Association of Manufacturers (KAM) is one of the members.
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