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In the News

05 March 1998 - International [Kenya]
The government announces fiscal measures, including a KSh3.4 billion (£34 million) reduction in government expenditure, an increase in VAT, higher duties on fuel, collection of income tax arrears and a freeze on duty and VAT waivers. The action is designed to curb a growing budget deficit, which is being adversely affected by a multilateral aid freeze.


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