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Originally published by Capital News
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May 22, 2026
12h ago

President Ruto Warns Against Scrapping Fuel Taxes Amid Economic Pressure

President Ruto Warns Against Scrapping Fuel Taxes Amid Economic Pressure

President Ruto explained that the Government has been using the Petroleum Development Fund and the 50 per cent reduction of Value Added Tax (VAT) - from 16 to 8 per cent - to stabilise fuel prices. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

President William Ruto has warned against scrapping fuel taxes, emphasizing their crucial role in funding public services and economic stability amidst rising global oil prices. He announced measures to cushion Kenyans from high fuel costs, including a projected KSh10 diesel price reduction.

  • The Kenyan government has committed KSh28.19 billion in fuel price support, including VAT reductions, for the April-May and May-June 2026 pricing cycles.
  • President Ruto highlighted that without government intervention, Super Petrol would retail at KSh230.12 per litre, diesel at KSh277.75, and kerosene at KSh270.
  • The President also announced tax exemptions for the first 100,000 electric vehicles imported into Kenya to reduce dependence on fossil fuels.

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