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"content": "and spend it. Who will repay it? Every Kenyan is now burdened with debt. Since I am not sure about the amount, I will say between Kshs20,000 and Kshs30,000. This Budget will increase that debt. If you want to help the construction industry, do not reduce stamp duty but reduce the value of Value Added Tax (VAT) and the amount charged on cement and other things. It does not help to reduce the stamp duty from 2 per cent to 1 per cent. It does not help wananchi who do not fall within that bracket. Many of us or about 90 per cent are not within that bracket."
}