PRESIDENT RUTO CALLS FOR PATIENCE AS GOVERNMENT ADDRESSES GLOBAL FUEL CRISIS

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Source: The Official Website of the President of the Republic of KenyaBy admin👁 2 views

William RutoUDA

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.


Author: admin
Source: The Official Website of the President of the Republic of Kenya

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