Kenya: IMF pushes for fuel tax rise in $2 billion loan deal

Kenya: IMF pushes for fuel tax rise in $2 billion loan deal

Kenya: IMF pushes for fuel tax rise in $2 billion loan deal

Kenya’s Treasury is under pressure from the International Monetary Fund (IMF) to double the value added tax (VAT) on all petroleum products in an effort to cut budget deficit and tame public borrowing.

For more information, please see https://www.theeastafrican.co.ke/tea/business/imf-pushes-fuel-tax-rise-3353492

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