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Kenya's top court suspends judgement nullifying 2023 finance law - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Kenya News

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Kenya's top court suspended a lower court's ruling that the 2023 finance law was unconstitutional…

, 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.

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Kenyan court nullifies 2023 finance law in new blow to Ruto - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Kenya's Court of Appeal on Wednesday declared the government's 2023 finance law unconstitutional…
Source: SABC News Online - 🏆 32. / 51 Read more »