Poll: Majority of Kenyans opposed to Finance Bill 2024Eight out of 10 Kenyans are opposed to the introduction of new taxes on bread, cooking oil, financial services, motor vehicles and a new levy on environmentally unfriendly products, a new opinion poll has shown. According to the opinion poll conducted by Infotrak Research firm between May 25 and May 29 2024, 77 per cent of Kenyans said the Finance Bill 2024 will not have a positive impact on the economy with a paltry 13 per cent of those interviewed arguing that it will have a positive impact. An overwhelming 87 per cent of Kenyans are opposed to the introduction of a 16 per cent VAT on bread while 86 per cent are opposed to the introduction of VAT services on financial transactions such as M-PESA. The Central Region leads at 62 per cent while Eastern at 41 per cent was the lowest in terms of awareness. “There is more that still needs to be done to ensure that Kenyans are aware of the Finance Bill.

Source: Daily Nation June 07, 2024 12:55 UTC