Kenya's top court suspends judgment nullifying 2023 finance law

FILE PHOTO: A fountain with a statue is seen outside the Supreme Court in Nairobi, Kenya, August 20, 2021. REUTERS/Monicah Mwangi/File Photo

NAIROBI (Reuters) -Kenya's top court on Tuesday suspended a lower court's ruling that the 2023 finance law was unconstitutional, saying it was important to preserve stability in the budget until the merits of the government's appeal are heard next month.

The finance bills, presented to parliament at the start of every financial year, are the main vehicle for the government to set out its revenue-raising measures including tax hikes.