The National Treasury has announced the commencement of the process of formulating the Finance Bill 2020.
“In view of the above, the National Treasury hereby invites the public and private sector institutions as well as individuals to submit proposals on economic policy measures including taxation proposals, not later than 30th November, 2019, for
consideration by the Cabinet Secretary for the National Treasury and Planning during the Budget process. The proposals should be forwarded in writing to the undersigned or through the email [budget2020@treasury.go.ke].
The proposals should be aimed at fostering economic growth and development, strengthening our fiscal framework, especially in support of the “Big Four” Agenda being implemented by the Government. In addition, the proposals may include measures on regulatory reforms, revenue administration reforms, and any other measure that may enhance macroeconomic stability.
The submissions should be specific on the proposed amendment to the law, supported by a statement on the issue to be addressed and a clear justification for the proposed amendment,” wrote the National Treasury.
