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The Kenyan government has extended the 8% VAT relief on petroleum products until October, allocating an additional KSh 945 million to maintain stable fuel prices. This comes amid warnings about rising global oil costs due to renewed conflict in the Middle East. Kenyans may see an increase in fuel prices in upcoming reviews as the government hints at possible price hikes. The extension aims to provide relief while monitoring global market conditions.
Citizen TV (Youtube)