In a major fiscal policy shift aimed at easing the escalating cost of living for low-income households, National Treasury Cabinet Secretary John Mbadi has announced a new legislative proposal to exempt individuals earning below Sh32,800 monthly from Pay As You…
Tag: Cost of Living
Fuel Subsidies Depletion Triggers Transport Costs and Economic Concerns
The depletion of Kenya’s fuel stabilization funds has raised concerns over pump prices, transport fares and freight costs. Operators and businesses warn of wider effects on household budgets as officials discuss longer-term measures to stabilize energy costs.