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Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration /
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2024-05-11 08:02:13

Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration on Nostr: Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen ...

Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration
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#fdc7bb54 ver:0.11

Despite increased taxes and citizen frustration, the Kenyan government faces a massive revenue shortfall. The National Treasury calls on the business community to proactively pay taxes, while the Kenya Revenue Authority implements a more facilitative approach. However, tax hikes and unpopular measures have led to business closures and concerns about financial crimes. The government's economic reforms and financial discipline measures are met with skepticism. Meanwhile, in South Africa, citizens express frustration with inadequate services despite paying taxes. The Kenyan government's efforts are further complicated by a projected revenue shortfall, highlighting the need for tax collection and economic recovery strategies....

#newstr #KenyaRevenueAuthority #Etims #TaxCompliance #Businesses #Penalties #TaxInvoiceManagementSystem

https://here.news/story/fdc7bb54?ver=0.11
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