Yatani’s budget fails to relieve Kenyans’ pain - News Summed Up

Yatani’s budget fails to relieve Kenyans’ pain


Treasury Cabinet Secretary Ukur Yatani has failed to offer a much needed dose of relief to Kenyans in his budget statement to the nation. While many Kenyans held expectations that the Minster would likely address the runaway cost of living, this did not materialize. While no new-income taxes were introduced, proposals changing the VAT classification of bread and raising duty on motorcycles imports are expected to hit Kenyans further. Watima warns the government has persistently piled up taxation on Kenyans in a seemingly disillusionment of contributors to sustainable economic growth. “This is a budget that chokes already suffocating Kenyans.


Source: Daily Nation June 11, 2021 04:31 UTC



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