QUESTION TWO A good tax system should adhere to several principles of taxation. Explain why...
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QUESTION TWO A good tax system should adhere to several principles of taxation. Explain why the principle of economy may pose challenges to the Government of Kenya as it seeks to introduce a new tax which targets small scale businesses in the coastal region (2 Marks)
Central banks have a mandate to regulate the economy through monetary policy. Describe how open-market operations interventions to reduce money supply could be derailed by a weak policy framework (4 Marks)
Discuss any two public expenditure management initiatives undertaken by the Government of Kenya in the last three months especially in public service (4 Marks)
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