• 184 Members of Parliament approved the Bill while 88 opposed it, saying it will push the cost of living higher than is currently.

President William Ruto has signed the Finance Bill into law after it was approved by parliament last week.

The signing comes amidst uncertainties by Kenyans on whether the cost of living will go down or will be pushed even higher.

Among the 84 proposals of the Bill approved was a 16% value-added tax on gasoline, up from 8%.

184 Members of Parliament approved the Bill while 88 opposed it, saying it will push the cost of living higher than it is currently.

Kenyans have expressed different reactions about the news on twitter some saying that it is a good move by the government while others feel disappointed.

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@KelvinWatoka

Fuel will increase automatically from today by 8% more.


@reccro_

Kimeturamba officially😒


@AmaniCarolus

Kwisha sisi.


@Muranda80431934

Mwanzo mpya, thanks Mr. President.


@Willy_Gjo

This is actually not a bad move. But it will make sense in the future.


@silokim

I still believe Ruto has the best interest of Kenyans at heart lakini hii nayo hapana,the best way to increase govt revenue is widen the tax net rather than increasing the tax rate.


@robert41883

Very good, at least now the government will have space to bring the prices of basic commodities down, bravo 👍