Kenya’s 2018/2019 Budget is Tightened Nooses on the Necks of Despaired Citizens!
- Published in Al-Rayah
- |
The tax proposals submitted through the 2018 Finance Bill are designed to generate an additional Ksh 27.5 billion in tax revenue for the FY 2018/19. The 2018/2019 budget deficit of Ksh 558.9 billion (equivalent to 5.7 percent of GDP) will be financed by net external financing amounting to Ksh 287.0 billion (equivalent to 3.0 percent of GDP)
Read more...