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International Business Times
International Business Times
Business
AFP News

Kenya Govt Plans To Reinstate Some Taxes To Raise $1.2 Bn

The scrapped 2024 finance bill would have raised about $2.7 billion in taxes (Credit: AFP)

The Kenyan government plans to raise about $1.2 billion by reinstating some unpopular taxes contained in a finance bill that was scrapped in the face of deadly street protests, a government minister said.

President William Ruto had warned of a funding shortfall after he decided in June to drop the controversial tax hikes after a bloody day in Nairobi that saw the storming of parliament and police firing live bullets on demonstrators.

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