Taxes to increase after GOK agrees to IMF demands

National Treasury CS Henry Rotich and his PS Dr.Kamau Thugge during their meeting with Senate Assembly Finance and Budget Committee on the proposed amendment on County allocation of revenue at County hall, Nairobi  07/03/18[Boniface Okendo,Standard]

Kenyans should brace themselves for higher taxes after the Government caved in to the International Monetary Fund’s (IMF) demands.

Treasury agreed to tough conditions spelt out by IMF, including the repeal of some tax exemptions enjoyed by key sectors of the economy.