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Kenya Plans Aggressive Tax Increases

  • Proposed tax increases aim to cut deficit but risk economic strain.
  • Experts urge expanding the tax base and curbing public spending for sustainable growth.

 

Nairobi, Kenya – Kenya’s parliament is gearing up to debate the Finance Bill 2024, a pivotal piece of legislation that outlines the government’s revenue-raising and spending plans for the upcoming financial year starting July 1.

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