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Why the Finance Bill will hurt fledgling middle class the most

President William Ruto takes a photo with KRA staff after filing his 2022 returns. [Standard]

Kenya's middle class is the centre that holds the country together. If it falls apart, the country too inevitably falls apart.

Last year in December, the World Bank revealed that a third of Kenya's middle class is just an economic shock away from sliding into poverty. Thanks to the depressed economy, their disposable income is at a record low, which dents the economy.

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