Kenyans react to “AYES” and “NAYS” in parliament.

Amani National Congress Secretary General Barak Muluka has said the debate on the Finance Bill 2018 should focus on fiscal sustainability.

Muluka argues that a proposed move by members of the National Assembly to postpone the Bill by another two years is speculative as the move is made with no knowledge of prevailing economic conditions in 2020.

He added that the adoption of the Finance Bill will also be a knee-jerk reaciton to resolve poor fiscal practices in the country.

Muluka’s sentiments come on the back of a heated debate both publically and in Parliament over the viability of President Uhuru Kenyatta’s proposed tax rates on multiple items in different sectors of the economy.

Most notable of the proposals is a reduction of VAT on petroleum products from 16 per cent to 8 per cent. Despite the reduction, taxes have been introduced to other sectors including housing and telecommunications.


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