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April 15, 2026
1mo ago

Gov’t releases Ksh6.5B to cushion Kenyans from high fuel prices

Gov’t releases Ksh6.5B to cushion Kenyans from high fuel prices

The government has released Ksh6.5 billion to cushion Kenyans from high fuel prices, President William Ruto has announced. The President also said the government has reduced Value Added Tax (VAT) on fuel products from the rate of 16 per cent to 8 per cent, for the next three mont..

✨ Key Highlights

The Kenyan government has allocated Ksh6.5 billion to mitigate the impact of rising fuel prices on its citizens. This measure aims to cushion Kenyans from the global surge in oil costs.

  • Ksh6.5 billion has been released by the government.
  • President William Ruto announced the relief measures.
  • Value Added Tax (VAT) on fuel products has been reduced from 16 per cent to 8 per cent for the next three months.

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Part of the Day's Coverage

Epra Cuts Fuel Prices After Treasury VAT Review - April 2026

The Energy and Petroleum Regulatory Authority (Epra) has reduced fuel prices following the National Treasury's review of Value Added Tax (VAT) on fuel. The government has allocated Ksh6.5 billion to mitigate the impact of rising fuel prices. The International Monetary Fund (IMF) has issued a warning to Kenya and other nations regarding fiscal interventions, such as fuel subsidies and VAT cuts, to combat rising fuel prices.

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