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Kenya eyes budget deficit with new tax hikes
Kenya eyes budget deficit with new tax hikes

Kenya's finance minister on Thursday presented the East African nation's biggest ever budget, alongside contentious tax proposals to help plug a hole in the public finances. Finance Minister Njuguna Ndung'u presented the four-trillion-shilling ($31.1-billion) budget for 2024/25 to parliament, up from 3.75 trillion shillings it approved last June for the current fiscal year.