Deputy President Rigathi Gachagua has said Mount Kenya region will enjoy a larger share of monetary allocations proposed in the Finance Bill 2023.
The second in command noted the Finance Bill has put focus on revamping a steady production of the three fundamental products generating income for Mt. Kenya residents including tea, milk and coffee.
While speaking during a Farmers Field Day in Githunguri, Kiambu County on Saturday, June 17, the deputy president said the region will benefit from the huge budget allocation on road and infrastructure development.
“If there is a region that has been considered in the Finance Bill it’s Mount Kenya. To start with, barabara zetu zoe za Mau mau zilisimama kwa sababu hakuna pesa. Pia Kiambu, Githunguri zilisimama. In this year’s budget we have put Ksh.250 billion and now our roads will continue to be built,” he said.
“Here in Mt.Kenya, we are great beneficiaries of the Finance Bill. Matters related to animal feeds have been zero-rated, the price will reduce, and farmers will benefit. We have also scrapped VAT on tea and also zero-rated tea packaging.” DP Gachagua added.
Moreover, DP Gachagua stated that he will be on a mission to eliminate who encourage price hikes in the production and sale of the products.
Nonetheless, the proposed Finance Bill 2023 has already passed the second reading stage in the National Assembly with 176 MPs supporting it and 81 opposing it.
The Whole House stage will seat in the form of a committee to consider the Bill clause by clause.