A section of leaders from the North Rift Region has defended the Finance Bill 2024 saying it will help the government raise revenue to fund essential public services.<\/p>\n
Amid concerns that the Bill contains tax proposals that will overburden the ordinary citizen, the lawmakers insist it is good, particularly as it will ensure Kenya\u2019s long-term economic sustainability.<\/p>\n
\u201cThere is a lot of misconception about Finance Bill 2024. I want to assure the country that it is for the good of the nation. We have to raise revenue so that we can run the affairs of this country,\u201d said Mosop MP Abraham Kirwa<\/p>\n
Kirwa argued that the Budget Policy Statement for 2024-2025 was a clear testament that the country needed to raise more revenue.<\/p>\n
\u201cWe just read the budget of Ksh.3.92 Trillion. This is a lot of money we are anticipating to spend. To raise this money we have to pass this Finance bill so that we can get money to run the country\u2019s affairs,\u201d argued the lawmaker<\/p>\n
His sentiments received support from Aldai Legislator Maryanne Kitany, who says even though the economic times are tough, the new law is necessary for the government to meet its economic objectives.<\/p>\n
\u201cIngawaje maisha ni ngumu na budget yetu ni ngumu, ni mpaka tujilishe. Nchi yenye inaweza kujilisha ni nchi inajipenda,\u201d noted Kitany<\/p>\n
Head of Public Service Felix Koskei backed the sentiments of the MPs and assured the country that the monies raised from taxes would be put to good use.<\/p>\n
\u201cOnce it (the Finance Bill 2024) is passed, the government will ensure that the taxes collected as a result will not be misappropriated or lost through corruption. We have agreed and the President has directed that we are not going to tolerate corruption in Kenya,\u201d he said<\/p>\n
The post Finance Bill 2024: Koskei, North Rift MPs say revenue needed to sustain government operations<\/a> first appeared on KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" A section of leaders from the North Rift Region has defended the Finance Bill 2024 saying it will help the government raise revenue to fund essential public services. Amid concerns that the Bill contains tax proposals that will overburden the ordinary citizen, the lawmakers insist it is good, particularly as it will ensure Kenya\u2019s long-term […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-54277","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/54277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=54277"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/54277\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=54277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=54277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=54277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}