The Ruto administration seems to have budged under the decade-long insistence from the International Monetary Fund (IMF) to drop blanket reliefs on consumption.

This means that the cost of essential goods and services in Kenya is set to increase should the proposed review of taxation laws be realised.

According to a report by Business Daily, a Kenyan news publication, Njuguna Ndung’u, Kenya’s treasury secretary relayed plans to stop the zero-rating of value-added tax (VAT) on the supply of several products including maize flour, cooking gas, ordinary bread, medicaments, agricultural pest control products, and animal feeds.

Source: Business Insider