Samson Cheraragei, a senator from Nandi, now claims that Parliament will approve the proposed Finance Bill 2023 without changing a single comma.
This is in spite of the uproar that has followed the Bill's publishing, when Kenyans bemoaned the envisioned increase in taxes.
The Senator, a close supporter of President William Ruto, claims that the actions are required to guarantee that the budget is sufficiently funded and that the economy is revived.
Cherargei mentioned that the nation now has a budget imbalance of over Ksh. 800 billion and added that if no action is taken, the nation will continue to borrow, which is unsustainable.
Regarding the projected 8% VAT increase on petroleum goods, Cherragei claimed that Kenya and the gulf countries' government-to-government agreement will protect Kenyans from high fuel prices.
Cherargei asserted that the cost of importing petroleum would be reduced, noting that it would be done using Kenyan shillings rather than dollars, which were increasing the cost of fuel.
The Azimio La Umoja opposition alliance, which has promised to return to the streets if the measure is passed as it is, has particularly harshly criticized the legislation that was introduced in Parliament last week.
Before the Kuria Kimani-led Finance Committee begins debating the Bill, the National Assembly has already requested Kenyans' opinions on it.
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