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Court slams brakes on Ruto's first Finance Act
President William Ruto (seated) inks Finance Bill 2023 at State House Nairobi on June 26, 2023. Looking on are Deputy President Rigathi Gachagua (second right), Speakers of the National Assembly, Moses Wetang'ula (fourth right), and the Senate, Amason Kingi (fifth right), among others. PHOTO | COURTESY | PSCU
What you need to know:
- Lady Justice Mugure Thande on Friday issued interim orders against the implementation of the Act, which was due to come into effect tomorrow, July 1.
- This follows a case filed in the High Court by Busia Senator Okiya Omtatah.
The High Court has stopped the National Treasury from implementing the Finance Act 2023, throwing into limbo President William Ruto's plan to raise billions of shillings through far-reaching tax proposals to fund his maiden budget.
Lady Justice Mugure Thande on Friday issued interim orders against the implementation of the Act, which was due to come into effect tomorrow, July 1.
