Search

IMF Urges Kenya to Draft New Tax Strategy as Amnesty Ends

  • 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.

Recent Business

Mine site Photo © Unsplash
Qatar seals $500mn Ivanhoe Mines deal to secure Africa’s critical minerals
Read More »
Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Ghana signals further rate cuts as disinflation accelerates
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Ghana treasury bill auction undersubscribed by 30% as investor appetite weakens
Read More »

Recent Politics

Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Samia’s family picks ignite Tanzania nepotism storm
Read More »
Delegates at the G20 Summit in South Africa. Photo @ G20 South Africa Flickr
G20 in a changing world: is it still useful?
Read More »

Latest Posts

Latest news insights