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Kenya's president to get pay hike as economy suffers
Kenya's president to get pay hike as economy suffers
Business and Economy
by  AFP

Kenya's president, his deputy and other state officials are set to receive pay rises despite citizens facing deep economic hardship and higher taxes, according to a government document seen by AFP Friday. Ruto himself weighed in on the issue on Friday, urging the SRC to reconsider the hikes for top government officials.

EU eyes 3 bn euros a year for Ukraine from Russian asset tax
EU eyes 3 bn euros a year for Ukraine from Russian asset tax
Business and Economy
by  AFP

The European Union could raise three billion euros a year for Ukraine's reconstruction by taxing the interest earned by Russian central bank assets frozen in the bloc, Belgium's prime minister said Friday. EU diplomats say that about 100 billion euros of the Russian central bank assets is in cash, earning roughly 3 percent, and that is what would be subject to the tax.