Business Daily·3 min read·medium
VAT relief on fuel extended by three months
J
John Mutua
✦AI Summary
The Kenyan government has extended an eight percent VAT relief on fuel for three months to mitigate rising costs caused by global market volatility. This decision aims to prevent further inflationary pressure on essential goods and services following the resumption of the US-Iran conflict.
The government has extended the eight percent Value Added Tax (VAT) on fuel by three months to October 14, in an effort to avert a sharp increase in pump prices in the coming months in the wake of the resumption of the US-Iran war.
businesseconomypolitics
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in