Kenya may see new taxes next year. The government needs cash for its plans. Molo MP Kuria Kimani spoke about this on TV. He runs the money team in Parliament. They will check if Kenya has enough funds by June.
The Parliament backed a huge money plan last month. It reaches 4.3 trillion shillings for next year, topping the current plan by over 350 billion. The national share takes 2.523 trillion shillings, 200 billion more than what we spend today. The money team must find ways to pay these bills.
Kimani called this a hard talk about cash needs. His group will study tax income, budget shifts, and foreign help. If these fall short, Kenyans might pay extra taxes. But if today's sources can meet all needs, new taxes won't show up.
Money chief John Mbadi sees business growing 5.3% next year, beating the 4.6% we have this year. He thinks farms, tech firms, travel spots, and factories will thrive. But he fears less cash from helper lands. Europe might cut aid. America has already stopped its support.
Mbadi said Kenya must stand on its feet more. The country can't beg much from others. Kenya already works hard to pay its huge 10 trillion debt. Last year showed what happens with tax hikes. The government tried new taxes worth 346 billion. Young people filled the streets. Sadly, lives were lost. President Ruto had to cancel those tax ideas.
The Parliament backed a huge money plan last month. It reaches 4.3 trillion shillings for next year, topping the current plan by over 350 billion. The national share takes 2.523 trillion shillings, 200 billion more than what we spend today. The money team must find ways to pay these bills.
Kimani called this a hard talk about cash needs. His group will study tax income, budget shifts, and foreign help. If these fall short, Kenyans might pay extra taxes. But if today's sources can meet all needs, new taxes won't show up.
Money chief John Mbadi sees business growing 5.3% next year, beating the 4.6% we have this year. He thinks farms, tech firms, travel spots, and factories will thrive. But he fears less cash from helper lands. Europe might cut aid. America has already stopped its support.
Mbadi said Kenya must stand on its feet more. The country can't beg much from others. Kenya already works hard to pay its huge 10 trillion debt. Last year showed what happens with tax hikes. The government tried new taxes worth 346 billion. Young people filled the streets. Sadly, lives were lost. President Ruto had to cancel those tax ideas.
