×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now
×
The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: [email protected]
Premium

State's plans to boost revenues are anti-business, says institute

Fashion and Beauty
 The government seeks to raise Sh2.8 trillion by targeting individuals and businesses. [iStockphoto]

A public finance think tank has faulted the government's new plans to fix its finances through aggressive taxation which includes spying on mobile money transactions.

This is on the back of a battered economy, said the Institute of Public Finance(IPF), in a report on Kenya's fiscal state which cut the projected country's growth to five per cent this year - lower than the 6.1 per cent envisioned by the government.

Dubbed The Macro-Fiscal Analytic Snapshot, the report reviews some of the measures taken by the State to boost the exchequer's liquidity including fiscal consolidation and a plan to widen the tax base.

Related Topics


.

Trending Now

.

Popular this week