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Treasury CS Ukur Yatani goes big on ‘sin’ taxes

Treasury CS Ukur Yatani at the Parliament buildings, Nairobi to present his final 2022/23 budget on April 7,2022 [Elvis Ogina, Standard]

Treasury Cabinet Secretary Ukur Yatani is proposing to raise taxes on various services and products, including alcohol and cigarettes, to raise at least Sh2.16 trillion to support the Sh3.31 trillion budget.

Mr Yatani hopes the fresh tax measures targeting alcohol, gambling, gaming, cigarettes and derivatives will add at least Sh50.2 billion to tax revenues and take the total ordinary revenue collections to Sh2.16 trillion.

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