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.

You need an active subscription to continue reading this article.

Recent Business

Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
Breaking News
Senegal exceeds debt auction target with $403m raise
Read More »
Breaking News
Ghana secures $360m World Bank backing ahead of eurobond payment
Read More »

Recent Politics

Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »
bernd-dittrich-yfQfmji31fY-unsplash
Afreximbank warns of trade risks and openings as global fault lines shift
Read More »

Latest Posts

Latest news insights