Kenya: Parliament halts COVID-19 related tax relief
Reuters.com (22.12.2020)
Kenya’s parliament on Tuesday voted to end tax cuts put in place in April to cushion the economy from the impact of the COVID-19 pandemic, a move lawmakers said would help to plug revenue shortfalls but investors said would hamper a recovery. The tax cuts were introduced weeks after Kenya reported its first case of the coronavirus and aimed to shield East Africa’s richest economy.