Kenya’s top court suspends ruling to annul 2023 finance act

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 57 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 94%

Budget News

Court,Kenya,Politics

Kenya's Supreme Court on Tuesday suspended a lower court ruling that annulled a controversial budget bill enacted last year, saying

Kenya's Supreme Court on Tuesday suspended a lower court ruling that annulled a controversial budget bill enacted last year, saying it wanted to ensure "stability" in government finances.

But the Supreme Court on Tuesday issued a conservatory order “suspending and staying the declarations” in the July 31 decision so as to “maintain stability in the budget” before it makes a final determination.The appeal court had found that the 2023 act was “fundamentally flawed and consequently unconstitutional” because of failings in the parliamentary procedures to enact the legislation.

This year’s finance bill and its provisions for more tax hikes to raise another $2.7 billion in revenue triggered a similar wave of protests — this time led largely by young Gen-Z Kenyans. One of the four, Finance Minister John Mbadi, said Sunday that the government planned to raise about $1.2 billion by reinstating some unpopular taxes contained in the abandoned 2024 finance bill.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

As hunger and anger rage across Nigeria and Bauchi State, resulting in destructive and deadly mass demonstrations by young people earlier th

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines