Originally published by The Official Website of the President of the Republic of Kenya — Read the original article →
The government is taking decisive measures to cushion Kenyans from high fuel prices caused by the conflict in the Middle East, President William Ruto has said.
Speaking after a consultative meeting with transport stakeholders at State House Mombasa on Friday, the President directed that diesel prices be reduced by KSh10 in the June-July pricing cycle.
He explained that the Government has been using the Petroleum Development Fund and the 50 per cent reduction of Value Added Tax (VAT) – from 16 to 8 per cent – to stabilise fuel prices.
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