Breaking: Fuel Price to remain High as President Uhuru Rejects Finance Bill 2018-Kenyalivenews.com

President Uhuru Kenyatta has rejected Finance Bill 2018 that Kenyans have been waiting for from the time it was passed by Parliament.

This means that the 16% VAT on fuel will remain until further deliberations in Parliament through a special sitting scheduled for 18th September 2018.

The Finance Bill 2018 was proposed by Minority Whip Junet Mohammed citing high cost of basic commodities in Kenya and the burden taxpayers were facing on the same commodities.

He sort to push the implementation of 16% VAT to 2020 pending review and public debate over it.

President Uhuru received the bill today from Parliament, had 14 days to sign or return it to parliament.

Kenyans had hopes that the president would sign it to law to save them the heavy burden from over taxation,