Search

IMF Urges Kenya to Draft New Tax Strategy as Amnesty Ends

Subscriber only Subscriber only
  • IMF calls for new tax defaulter plan post-amnesty
  • Kenya seeks additional IMF funding to bridge budget gap

Nairobi, Kenya – The International Monetary Fund (IMF) has urged the Kenyan government to develop new strategies for handling tax defaulters once the tax amnesty—a period allowing for expedited out-of-court settlement of tax disputes—ends in March 2025. The Kenya Revenue Authority (KRA) has been given until the end of November 2024 to draft a framework for review by the IMF, as disclosed in documents seen by Allen Dreyfus.

You need an active subscription to continue reading this article.

Recent Business

Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Read More »
Morocco @ Pexels
Morocco inflation eases in July as food prices fall
Read More »
Forex trading | Photo by Jason Briscoe @ Unsplash
Ghana to regulate $6.6 trillion forex market with new rules
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights