Author: Basillioh Rukanga and Jewel Kiriungi

UK

Kenya’s President William Ruto faces challenges as his tax plans are thwarted by recent court rulings and anti-tax protests. With the government’s finances in chaos, there are concerns about funding the national budget and servicing the country’s substantial public debt. Analysts suggest that spending may have to align with previous years due to the derailment of tax plans. The government’s appeal to the Supreme Court to suspend the lower court’s decision highlights the urgency of the situation. Economists propose redrafting a new finance bill or borrowing more, but options are limited given the country’s debt levels and credit rating downgrades.…

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