Central Bank of Kenya (CBK) Governor Kamau Thugge has backed the National Treasury’s proposals to increase and introduce various taxes.

CBK Governor Kamau Thugge has endorsed the National Treasury’s proposals to raise and introduce new taxes. He emphasized that these measures are crucial for the government to generate additional revenue, which is needed to manage and reduce public debt. Governor Thugge’s support highlights the fiscal challenges facing Kenya and the importance of tax reforms in addressing the country’s economic stability and financial obligations.

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