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During a much anticipated address to the nation, the President expressed concern over the increased tax burden that was placed on Kenyans when the VAT was effected. President Uhuru Kenyatta on Friday proposed that the 16percent fuel tax be reduced by half .

If the parliament accepts this proposal, the price of super petrol will drop from Ksh.127 to about Ksh.118, and the price of diesel will drop from Ksh.115 to about Ksh.107. Just as business owners took the new VAT rate as an opportunity to increase the cost of goods and services, I expect them not to take advantage of weary citizens, and to lower their prices commensurately and without delay,” he said.

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