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Kenya: Supreme Court Denies Stay on Finance Act 2023 Ruling, Leaving Treasury in Limbo

Kenya: Supreme Court Denies Stay on Finance Act 2023 Ruling, Leaving Treasury in Limbo

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-08-03 05:07:06

On Friday, August 2, the Supreme Court of Kenya delivered a blow to the National Treasury by rejecting its plea for a stay on the nullification of the Finance Act 2023.

This decision has placed the country’s economic stability in a precarious position, further deepening the fiscal uncertainty that has gripped Kenya following recent legislative upheavals.

The Court’s refusal to grant a stay means that the Finance Act 2023, which had been declared unconstitutional by the Court of Appeal,…

Read the full article on Kenyans.co.ke

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