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{
    "id": 1081523,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1081523/?format=api",
    "text_counter": 14,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Members, pursuant to Standing Order 225(1)(b), I wish to report to the House that I have received a Petition from one Charles Wanguhu of National Identification Card No.22205895, praying that the National Assembly reviews the governance framework for management of the Petroleum Development Levy Fund. Hon. Members, the petitioner states that, vide the Energy (Petroleum Pricing) Regulations 2010, published as Legal Notice Number 196 of 2010, the Government introduced petroleum price controls at the pump for imported petroleum as a measure to mitigate exploitation of consumers by private oil companies. However, the petitioner alleges that effective implementation of the said regulations has been impeded by the review of the taxation policy, particularly over the past two years, thereby resulting in disproportionate contribution of taxes and levies at the retail pump price of petroleum fuels to almost Ksh50. Hon. Members, the petitioner states that through Value Added Acts enacted between 2013 and 2021, the VAT on petroleum fuels has been steadily increasing, thus occasioning an increase in the contribution of VAT to the retail price of petroleum fuels. Further, he avers that the Tax (Amendment) Act, 2020 increased the contribution of VAT to the retail price by increasing the vatable base by Kshs5 through Legal Notice No. 174 of 2020. The petitioner claims that a combination of the foregoing changes resulted in the increase in prices of petroleum fuels to a nine-year high in February 2021. Consequently, Kenya currently has the highest pump prices for The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}