- President William Ruto announced a KES 6.5 billion package to reduce VAT on fuel from 16% to 8% for three months.
- The measure aims to protect Kenyans from rising fuel costs due to global energy price increases.
- Kerosene prices will remain unchanged during this period.
- The government is monitoring the Middle East conflict and may take further action if needed.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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