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Thursday, September 19, 2024

This is how finance experts should break down their stuff for all the people to understand it 

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Difference between Finance Bill and Appropriations bill. By the way, ChatGPT generated this.

Okay, imagine the President of Kenya is like your parent, and Kenya is like your home. 

A finance bill is like when your parent makes a plan for how the family will get money to run the house. Maybe they’ll work, sell something, or even ask for a loan. This plan is all about finding ways to bring in money to take care of the family.

Now, an appropriations bill is like when your parent decides how to spend the money they’ve brought in. They might decide to use it to buy food, pay school fees, or fix the house. This plan is all about how the money will be spent to take care of everyone at home.

So, the finance bill is about getting the money, and the appropriations bill is about spending it on things the family needs.

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