Public procurement related expenditure is approximately fifty to seventy percent of the national budget of developing countries and represents close to 33% of the GDP. Mindful of the huge assets committed in open acquirement, ...

Financing fiscal deficit in any country is undertaken with the sole purpose of promoting economic growth and development. However, fiscal deficit financing can be a major source of macroeconomic instability, especially ...

Stable commercial banks stimulate economic growth by facilitating value exchanges. The stability of commercial banks in Kenya has been a concern because of the waves of collapse that have dotted the history of the ...

The obligation of meeting current and future mandate of public universities remains a big challenge as the universities are required to work within very tight budgetary constraints. Thus, the objective of financial ...

Savings and Credit Co-operative Societies are quasi financial institutions that mobilize savings, provide loans as well as other products to their members. Liquidity is considered as one of the serious concern and challenge ...