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Storm over Sh200bn Treasury budget cuts amid blackmail claims
Opposition MPs addressing the media outside parliament buildings in Nairobi on June 20, 2024, after the Finance Bill 2024 sailed through the second reading.
Treasury Cabinet Secretary Njuguna Ndung’u on Thursday raised a storm in Parliament over his warning of Sh200 billion budget cuts should MPs scrap a handful of proposed tax increases in the Finance Bill, with legislators accusing him of blackmail.
The threat of budget cuts came ahead of debate on the Finance Bill and on a day protest marches against proposed taxes spread across Kenya.