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Vol 67 No 13

Published 26th June 2026


The pips are already squeaking

Treasuries insist that higher domestic tax revenues will fund rising budgets, but can already hard-pressed workers be squeezed any further?

Faced with a combination of fuel and fertiliser price rises resulting from the Iran war, high debt servicing costs and declining aid flows hitting consumer spending and government revenues, East Africa’s finance ministers are pinning their plans for increased spending on tax collectors getting their hands on more cash.

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