Category: totality
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Explainer: What happens if Parliament rejects Finance Bill 2024 in totality
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The Treasury presented a worst-case scenario if the entire finance bill is rejected in the National Assembly, warning of major spending cuts in a forced shake-up of the government’s spending plans. According to the Treasury, rejecting the bill would open a Sh200 billion revenue gap, leading to cuts of the…
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Explainer: What happens if Parliament rejects Finance Bill 2024 in totality
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The Treasury presented a worst-case scenario if the entire finance bill is rejected in the National Assembly, warning of major spending cuts in a forced shake-up of the government’s spending plans. According to the Treasury, rejecting the bill would open a Sh200 billion revenue gap, leading to cuts of the…