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CBK warns of tough times as new taxes raise cost of living

nairobi city county
[Image source: African Arguments | Credit: Nina R.]
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The Standard | by Dominic Omondi


The Central Bank of Kenya (CBK) has for the first time admitted that the tax measures introduced in the Finance Act, 2021 will have far-reaching effects on the cost of living.

In a press briefing yesterday, CBK Governor Patrick Njoroge said the financial industry regulator’s calculation had shown that the tax measures…

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