PETROLEUM CS, JOHN MUNYES refuses 16 percent tax increase on FUEL – tells UHURU to THINK AGAIN

Saturday September 8,2018-Mining and petroleum Cabinet Secretary , John Munyes has said the decision by Treasury CS Henry Rotich to implement the 16 per cent VAT on fuel will hurt the economy.

Speaking in Kakamega County on Friday, Munyes said the government should come out with other alternatives of raising tax instead of introducing a 16 percent tax on fuel.

The CS said the Kenya Pipeline Company has indicated lower levels of uptake and Kenyans are not buying enough products because of the high levy.

“I want to appeal to President Uhuru Kenyatta and my colleagues in the sector to allow more time to discuss the VAT issue and to find a lasting and appropriate solution,” Munyes said.

Munyes said the implementation of 16 per cent VAT will give advantage to other countries over Kenya in the petroleum market and this will destabilise our economy.

“Lets look at the effects this is having on our economy now. We shall not be selling much across our country,” he said

The Kenyan DAILY POST

 photo 4_zpsyvtntn5l.png

  1. Stop borrowing more debts, Cut taxes, implement austerity measures and castrate all looters big and small. Break the necks of the peddlers of impunity and let us focus on justice, security and service delivery. The rest will fall in place in quick order.

    ... and ooh do wee need all these governerates, McaS,wA
    Bunge and Senators? Let alone the Women reps?

    We must revisit!!

Leave a Comment

Loading...
Loading...

Check out our tips on 9 football matches played today where you can make good money.

Monday, September 17, 2018 -  Every day we do our best to beat the bookies at their own game by selecting several football matches world...

Contact Us

Name

Email *

Message *

2012 The Kenyan DAILY POST. All Rights Reserved. - Designed by Denno