What Treasury CS Nominee John Mbadi Said
The rejection of the Finance Bill, 2024 should not be a cause for worry, Treasury Cabinet Secretary nominee John Mbadi has said.
He noted that the government still has options in terms of revenue collection that do not involve re-introducing the entire punitive document that the public rejected.
Mbadi said there were good provisions in the rejected Bill which he intends to bring as amendments to parent Bills, an indication of a possible Tax (Amendments) Bill, soon.
The nominee said the main issue that led to the downfall of the Finance Bill were inadequate public participation and communication was not done effectively. Read more here.
