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Kenya slashes unpopular tax on petrol by half [The Morning Call] 6 лет назад


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Kenya slashes unpopular tax on petrol by half [The Morning Call]

Following concerns and a backlash over rising fuel prices affecting cost of living, Kenya’s government has approved a 50 percent reduction on a new tax on petroleum products. President Uhuru Kenyatta on Friday in a televised address proposed the 50 percent cut and promised expenditure cuts across government departments. Kenya introduced the 16 percent value-added tax on gasoline on the 1st of Sept saying it would help raise around $345.8 million to plug a budget deficit of 5.9 percent of gro… READ MORE : http://www.africanews.com/2018/09/17/... Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel    / africanews   and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook :   / africanews.channel   Twitter :   / africanews  

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