, saying it was important to preserve stability in the budget until the merits of the government’s appeal are heard next month.
The Court of Appeal’s judgement late last month that last year’s Finance Act was unconstitutional was a blow to the government of President William Ruto, who withdrew this year’s finance bill in June in the face of youth-led protests, the biggest challenge of his two-year presidency. He has argued that tax increases are necessary to help fund development programmes and pay off a heavy public debt load.
Indonesia Berita Terbaru, Indonesia Berita utama
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