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Kenya Kwanza has Broken Tax, Borrowing Promises

Loans and taxes were some of the biggest issues that underpinned the debate during last year’s election campaigns.

Kenya Kwanza leaders promised not to take loans, yet now that they in government, they borrowing is out of this world.

A few years ago, when President Uhuru Kenyatta intended to have VAT on fuel at 16 per cent and the outcry led an eight per cent compromise, the cost per barrel was USD 114 and he left office when the cost per litre was at Sh159 for petrol, Sh140 for diesel and Sh127 for kerosene.

Source: www.pd.co.ke

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