The Kenyan government is set to review Value Added Tax (VAT) on petroleum products and allocate Sh17 billion from the fuel stabilization fund to mitigate a potential sharp increase in fuel pump prices.

• The government plans to spend Sh17 billion from the Fuel Stabilisation Fund.
• The Treasury Cabinet Secretary John Mbadi announced the planned review of the 16% VAT on petroleum products.
• Fuel prices could increase by at least Sh20 due to higher premiums on imported fuel outside the Government-to-Government deal.