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Tough options for Ruto after court blow to Finance Act 2023

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When Principal Secretary National Treasury Chris Kiptoo, former Cabinet Secretary Njuguna Ndungu and Principal Secretary Economic Planning James Muhati took a photo before the 2024/25 budget presentation on June 13, 2024. [Samson Wire, Standard]

President William Ruto faces the reality of having the Finance Act 2022 as the most recent major money law but one that cannot assist his administration in raising more tax revenue.

This was the last money law drafted and passed in the final days of President Uhuru Kenyatta's tenure in the months leading upto the August 2022 General Election.

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