As Debt Burdens Scale in Africa, Expect Protests Like The One Happening in Kenya

Why are Kenyans protesting? Simple answer: the young people do not want more tax burdens. But why does the government plan to scale the burdens? Answer: “In the 2024/25 bill, the Kenyan government aims to raise $2.7 billion in additional taxes to reduce the budget deficit and state borrowing. Kenya’s public debt stands at 68% [...]The post As Debt Burdens Scale in Africa, Expect Protests Like The One Happening in Kenya appeared first on Tekedia.

Read More