Kenya's SHA in Crisis: Kindiki Points to Finance Bill 2024 Withdrawal as Culprit, New Taxes Loom
2025-01-09
Tuko on MSN.com
The withdrawal of the Finance Bill 2024 has left Kenya's Social Health Insurance Fund (SHA) in a precarious state, according to Kithure Kindiki. This move has created a significant budget shortfall, potentially paving the way for new taxes to fill the gap. As the country navigates this financial challenge, concerns about healthcare funding and economic stability are on the rise. With the SHA's future uncertain, Kenyans are bracing for potential tax increases and reduced healthcare benefits, sparking debates about fiscal policy and social welfare. The introduction of new taxes could have far-reaching implications for Kenya's economy and its citizens.