Tag: #FuelPrices

The government has extended the 8 per cent VAT measure on petroleum products until October 14, 2026, and allocated Sh945 million from the Petroleum Development Levy to stabilise fuel prices, while assuring Kenyans of uninterrupted fuel supply despite global oil market volatility

The government has assured Kenyans of adequate fuel supplies despite rising global oil market volatility caused by renewed Middle East tensions, saying the Government-to-Government fuel import arrangement has ensured uninterrupted supply while a Sh945 million subsidy and extension of the eight per cent VAT measure will help stabilise pump prices.