IMF backs phased rollout of new taxes amidst backlash

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President William Ruto with the IMF Managing Director, Kristalina Georgieva. FILE PHOTO | PCS

The International Monetary Fund (IMF) has recommended a staggered implementation of new tax measures by governments in sub-Saharan Africa, including Kenya, amid public backlash.

The multilateral lender notes the sustainability of new policies is dependent on a government’s ability to win over public opinion.

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