Peter Salasya, the Member of Parliament for Mumias East, has issued a warning to Treasury CS John Mbadi regarding the intention to reintroduce certain provisions from the withdrawn Finance Bill 2024.
In a statement shared on his official social media platforms on Monday, August 19, Salasya asserted that the Kenyan populace is observant and that the youth represent the true opposition to the current administration. READ FULL STORY
His comments followed Mbadi’s announcement that the National Treasury intends to reinstate 49 clauses from the previously withdrawn bill including the controversial Eco Levy.
Mbadi argued that the move is part of the government’s strategy to enhance revenue.
In a subsequent interview, he emphasized that the government aims to concentrate on measures that will not adversely impact ordinary citizens.
Mbadi said while reintroducing the Eco Levy, essential items such as sanitary pads will be exempt from this levy.
“There are about 49 clauses. Some don’t even have financial implications. On the eco levy, we will target those areas that would not affect the common citizen. We can’t make a mistake on the sensitive areas because Kenyans have spoken,” Mbadi stated.
Mbadi observed that the proposed levy would affect multinational corporations, as it introduces a 10 percent excise duty that has previously faced significant opposition from certain companies.
“They (companies) will tell us why they oppose it. For them, they are in business, but we are also of an interest as a country. If you are injurious to the environment, then you must pay to make good of the harm you have caused,” he added.
The National Treasury intends to generate an extra Ksh 150 billion by reinstating the levy, which is a strategy to mitigate the effects of the retraction of the Finance Bill 2024.
