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Tough Times For Kenyans as Cost of Living Goes Up

Following enactment of the finance act 2021, all goods and services are now subjected to exercise duty of 20% . This will make Kenyans to work extra harder in order to bread on the table for high dependable population.Irregardless of economic crisis, breadwinners faces downfall in their daily income resulting to increase in poverty level in the county. Though there are existence of Non Governmental Organization which could have help the populated country ,it may not be possible due to tough times of the long stay Corona virus pandemic which has now becomes worldwide treat. All the services offered either directly from Kenyan government through private or public companies are expensive. For instance, Safaricom Company, private service provider, has raised it's services rates; during a call,one minute cost upto KSHS 4.67 compared to KSHS 4.00 earlier before the exercise duty. In addition to exercise duty, government also impose 8% tax to all commodities,it further escalate the cost of goods and services to the final consumer.

Content created and supplied by: Kipwilly (via Opera News )

KSHS Kenyan Kenyans Non Governmental Organization Safaricom Company


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