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Uhuru quickly signs VAT proposal into law after yesterday's chaotic vote
President Kenyatta quickly signs fuel VAT proposal into law
Uhuru makes new promise
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President Uhuru Kenyatta on Friday morning passed into law the Finance Bill 2018 which will effectively set in law eight percent VAT on fuel products, among many other taxes.
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The bill was on Thursday approved by Parliament after a chaotic parliamentary session marked by shouting down and claims of rigging.
"I have signed into law the Finance Bill 2018. I give my commitment that I will ensure proper utilisation of public resources for a better Kenya. I will not relent on the war against Corruption,"
The President had initially rejected to approve the bill after MPs sought to postpone VAT on fuel products for two years.
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The head of state sent the bill back to the House with various proposals that introduced a variety of taxes ranging from 8 percent VAT to increased exercise duty on imported motor vehicles - among others.
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