Finance Bill - What Next?

In this episode recorded on 27.06.2024, our host, Ramah Nyang, is joined by Churchill Ogutu - Economist at IC Group, Stellar Swakei - Senior Research Associate at SIB, Oyoo Wycklife - Council Member at Law Society of Kenya, Nikhil Hira - Partner at Koddy Africa LLP to discuss the legal and economic implications of the Finance Bill 2024's rejection.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:03:55 Impact on Ability to Raise Cash00:05:47 Legal Perspective on the Withdrawn Finance Bill00:15:43 The Appropriation Bill and the President’s Proposal to Cut Spending00:23:17 LSK’s Update on Persons Arrested During Protests00:27:46 How Can Kenya Fix the Debt Problem?00:43:41 Possible Implications of the President’s Recommendations00:49:32 Spending Cuts00:56:48 Laying the Foundations for Future Growth01:03:47 Fiscal Targets in Relation to the IMF Program01:13:46 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe