Socio-Economic, Political and Fiscal Determinants of Budget Transparency in Kenya
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March 2, 2024Socio-Economic, Political and Fiscal Determinants of Budget Transparency in Kenya
ABSTRACT:- To investigate the socio-economic, political and fiscal determinants of budget transparency in Kenya.Correlational research design is used to show the causal relationships between budget transparency and socio-economic, political and fiscal Determinants. The findings showed that other than fiscal factors, social and political factors had a significant and positive influence on budget transparency (α_1=0.080;p=0.008) and political(α_1=0.254;p=0.025). In conclusion, budget transparency in Kenya is mostly influenced by social and political variables rather than economic reasons.
Keywords: Budget Transparency, Socio-Economic, Political and Fiscal Determinants