# Finance Bill - What Next?

An episode of [The Mwango Capital Podcast](https://invisiblenetwork.ai/podcast/1583367792), 20 Jul 2024, 1 h 23 min.

Audio: https://api.substack.com/feed/podcast/146782822/d154d93a95cf526965486e58e116e4ca.mp3

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 Show Notes 00:00:00 Introduction 00:03:55 Impact on Ability to Raise Cash 00:05:47 Legal Perspective on the Withdrawn Finance Bill 00:15:43 The Appropriation Bill and the President’s Proposal to Cut Spending 00:23:17 LSK’s Update on Persons Arrested During Protests 00:27:46 How Can Kenya Fix the Debt Problem? 00:43:41 Possible Implications of the President’s Recommendations 00:49:32 Spending Cuts 00:56:48 Laying the Foundations for Future Growth 01:03:47 Fiscal Targets in Relation to the IMF Program 01:13:46 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe

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