Kenya is seen as one of Africa's emerging economies with 36 percent of Kenyans living below national poverty line and country's wealth concentrated among small elites.Kenyan government spend more on debt repayment with public debt currently standing at ksh 11.81 trillion approximately 67.8percent.
FIA Kenya outlines five key proposals to tackle inequality at both global and national levels, including comprehensive public debt audit and African debt negotiation platform ensuring no country spends more on lenders than on citizens.progressive taxation one wealth and luxury goods.Global UN tax convention to ensure corporations pay where they operate.
According to the alliance G20 should move beyond talk and embrace transformative reforms that centre on human dignity and economic fairness.Inequality is a global crisis rooted in policy choices,the imbalance is maintained through G20 policies that allow multinationals corporations to exploit tax loopholes and shift profits abroad.
