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Cost Of Living To Go Up As The Government Increases Fuel Prices

The Energy and Petroleum Regulatory Authority (EPA) has released the new fuel prices which will take effect from 15th March to 14th April. The newly released report by EPA is as follows.

The prices of super petrol, Diesel and kerosine will increase by Kshs 7.63 per litre, Kshs 5.75 per litre and Kshs 5.41 per litre respectively.

The prices are inclusive of the 8% value added tax in line with the provisions of the Finance Act 2018.

The increased fuel prices will hurt an already poorly performing economy. The Covid-19 virus pandemic has worsened the economic situation in Kenya.

Many Kenyans have lost their jobs, their businesses are not doing well and there are reports of students going hungry because they have no money.

The government should focus on the economy and not politics. It is time for the government to consider the poor members of the society who will be the hardest hit by the increase in the cost of living. The politicians should include ways to alleviate poverty in the Building Bridges Initiative report. On the other hand, politicians should also refrain from using the poor in the name of hustlers vs dynasties to further their political interests.

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

Building Bridges Initiative Covid-19 EPA Energy and Petroleum Regulatory Authority Kenyans


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