Raila faults implementation of new VAT Bill
05 September 2013, 11:43
Nairobi - Former Prime Minister Raila Odinga, has said the implementation of the new VAT Bill will degrade the economy and increase poverty levels in Kenya.
According to Raila, Cord was advising the Jubilee government to have VAT reduced from the current 16 percent to 14 percent and Kenyans should be prepared for tougher times ahead if the government fails to review the bill, The Standard reports.
He said by imposing the new law, the government was overburdening Kenyans in order to raise money in an economy that is depressed and under-performing.
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