Kenya Plans Reinstatement of Controversial Taxes
Kenya Plans Reinstatement of Controversial Taxes
Kenya Plans Reinstatement of Controversial Taxes
News summary

Kenya's government is set to reintroduce tax measures previously scrapped due to violent protests, aiming to raise about $1.2 billion through approximately 49 tax measures. Finance Minister John Mbadi announced that an eco-levy will be imposed on non-essential goods while excluding sensitive items like sanitary pads to mitigate public backlash. President William Ruto initially dropped the controversial tax hikes in June after intense protests in Nairobi, which included police using live ammunition against demonstrators. The government is facing a funding shortfall, prompting Mbadi's remarks about the need for these fiscal measures to cover expenses such as teachers' salaries. The new tax amendment bill is expected to be implemented by the end of September, following the earlier scrapping of a finance bill intended to raise $2.7 billion. Global rating agencies have since downgraded Kenya's credit rating due to concerns over its ability to manage its substantial public debt.

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Kenya government plans to reinstate some taxes to raise $1.2 bn
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Reuters
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Kenya to reintroduce some tax measures to raise $1.2 bln, TV report
Kenya govt plans to reinstate some taxes to raise $1.2 bn
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Barrons
$
Right
Kenya Govt Plans To Reinstate Some Taxes To Raise $1.2 Bn
Bias Distribution
50% Right
Information Sources
4153ee28-0536-4352-9660-b1bf5d1b20aba3544a73-dab3-486d-ae75-bd4d15f01f558f76b506-b4ea-4d97-9e25-107ba95ef15bb60ce1f8-69d4-4067-ad3a-6ac1b988f7c4
Center 50%
Right 50%
Coverage Details
Total News Sources
4
Left
0
Center
2
Right
2
Unrated
0
Last Updated
31 days ago
Bias Distribution
50% Right
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Story Coverage
Kenya government plans to reinstate some taxes to raise $1.2 bn
alt
Reuters
Center
Kenya to reintroduce some tax measures to raise $1.2 bln, TV report
Kenya govt plans to reinstate some taxes to raise $1.2 bn
alt
Barrons
$
Right
Kenya Govt Plans To Reinstate Some Taxes To Raise $1.2 Bn

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