Institute of Public Finance (IPF) and stakeholders Friday held a forum to evaluate the impact of the recently enacted Tax Laws Amendment Act 2024 with the aim of shaping tax policies that are equitable and predictable to Kenya's economy, businesses and provide feedback on areas of improvement.
The forum themed Strengthening Fiscal Policy for Economic Resilience and Equity brings together policy makers, tax administrators, economic experts and representatives from the private sector and civil society to foster dialogue, transparency and actionable insights into Kenya's fiscal policies.
The KRA's ambitious agenda marks a new chapter in Kenya's tax administration, aiming to balance efficiency, fairness, and national development.
Speaking at the event, the Institute of Public Finance Chief Executive Officer James Muraguri said that the public participation must go beyond the submission of a memorandum and provide meaningful opportunities for citizens, businesses and civil society to voice their perspectives and influence policy decisions. "The 2024 Finance Bill development process taught us all an important lesson.
