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President Uhuru signs controversial Finance Bill 2018 into law

Done: President Uhuru Kenyatta signs Finance Bill 2018 into law. [Standard]

NAIROBI, KENYA: President Uhuru Kenyatta on Friday signed into law the Finance Bill 2018.

The Bill, passed by the National Assembly on Thursday, reflects the President’s recommendations for a reduction of VAT on petroleum products from 16 to 8 per cent among other amendments on various taxes.

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