Thursday, 12 September 2013

CORD Urges Government to Suspend VAT Act and Address Rising Cost of Living

The Coalition for Reforms and Democracy is urging the Government to suspend the VAT Act until key issues therein are addressed.

CORD has stated that if the issues, to do with the rising cost of living, are not addressed then we will introduce amendments once the National Assembly resumes sittings next Tuesday.

ODM Executive Director Hon Magerer Langat explained that a joint Parliamentary Group of CORD affiliated Senators and MPs will meet at the Party's Secretariat next Monday to strategize on how to tackle the issue of the rising prices affecting ordinary Kenyans.

The Coalition is expected to take a collective approach on the VAT issue. CORD's top leadership feels that the law cannot continue to be applied in its current form. The proposed amendment is meant to cushion basic consumer goods that were previously not subject to VAT such as milk, cooking flour, bread and sanitary towels. CORD will seek a reduction from the current 16 percent to 10 percent.

No comments:

Post a Comment