The National Treasury is banking on the proposed taxes, including 16 percent value added tax (VAT) on fuel and 10 percent excise duty on imported cellular phones to raise additional tax revenues amounting to Ksh289.3 billion ($2.09 billion) in the 2023/2024 fiscal year.
But there is a public outcry over the prospects of worsening the high cost of living in the country and stifling economic recovery.
Source: www.theeastafrican.co.ke
