Hike in fuel price raise living cost

FavoriteLoadingAdd to favorites

The cost of living in Kenya has raised drastically following the recent controversial high fuel prices experienced across the country.

The move by the government to increase the 16 percent value added tax on petroleum products is on debate whether the government will find out other measures to fight the current financial crisis.

The move has raised mixed reactions with majority terming the government to be raiding from its citizens’ pockets by imposing high taxation.

This comes amid High Court order to stop temporarily the 16 percent value added tax on petroleum products terming the outcome will affect common citizens.  The uncertainty still remain whether the government would obey the Court’s order.

The heart of all this is high level of corruption and theft, poor planning, poor management and weak systems.

The government should stop treating the symptoms and address the root cause of the current financial crisis

More Post by Gad Oteba
ALSO READ  Overview: Afghanistan Parliamentary elections on Saturday

One thought on “Hike in fuel price raise living cost”

Leave a Reply

By continuing to use the Mkarimu.net, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.