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KENYA: President accuses tax agency of graft

KENYA: President accuses tax agency of graft

KENYA'S President William Ruto accused the tax collection agency's staff of cutting government revenue by engaging in corruption, colluding with tax evaders and taking bribes. Ruto, who was elected last August on a platform of helping the poor, has had a rough ride in the first months of his term due to growing government debt repayments, revenue collection shortfalls and persistently high prices of basic commodities. Public service employees have complained of salary delays in recent months while local authorities have threatened to shut down their operations to protest against delayed cash disbursements from the national government. "Collusion, wanton bribe-taking and general…
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Kenya looks to fix finances by nailing tax cheats, cutting borrowing

Kenya looks to fix finances by nailing tax cheats, cutting borrowing

DUNCAN MIRIRI KENYA plans to link its tax collection system to mobile financial platforms to weed out tax evaders and boost revenue by billions of shillings, part of a raft of measures to repair its coffers, the finance ministry said in a draft budget statement. President William Ruto’s administration, which took over last September, inherited a heavily indebted economy after his predecessor ramped up borrowing to build infrastructure. The government plans to increase tax collection by 17% to 2.57 trillion shillings ($20.7 billion) in its fiscal year starting in July, the ministry said. It will also reduce its foreign borrowing…
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