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CS Henry Rotich to borrow Sh775b to plug deficit

National Treasury CS Henry Rotich. PHOTO: FILE

Kenyans should expect fresh taxation pain as the Government plans to borrow heavily and raise taxes in the new financial year to finance the Sh2.27 trillion budget.

Details of the actual taxation plan will be revealed today when National Treasury Cabinet Secretary Henry Rotich will read his fourth budget statement that will guide the Kenya Revenue Authority (KRA) in collecting Sh1.5 trillion in the new financial year.

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