President Uhuru Kenyatta has rejected the finance bill sending it back to parliament. This bill was meant to save Kenyans from the harsh 16% VAT on petroleum products that has raised transport and the general cost of living. The bill had been delivered to President Uhuru Kenyatta by the National Assembly Speaker Justin Muturi for consideration earlier today.
While confirming the delivery of that controversial bill, State House spokesperson Kanze Dena through a statement to newsrooms said, “The Speaker of the National Assembly has today the September 13th, delivered the vellum on the financial bill (National Assembly Bill no.20 of 2018) for consideration by the President.”
The latest news reaching our desk is that the president has rejected the bill and send it back to parliament.
In light of this new development, the National Assembly Speaker Justin Muturi has called on a special parliament sitting on Tuesday 18th September and Thursday 20th September to deliberate on the reservations from the president and come up with the way forward.
The new fuel prices will therefore remain in play and Kenyans will continue to dig deep into their pockets to meet the increased price on commodities until the matter is settled.