National Assembly Speaker Justin Muturi has recalled MPs who are currently on a long recess for three special sittings on Tuesday and Thursday next week to consider the President Uhuru Kenyatta’s reservations after he rejected the Finance Bill 2018.
The rejection of the amended Finance Bill 2018 Thursday evening by the President means that the new pump prices on petroleum products effected on September 1st by treasury are still in force.
Muturi recalled parliament for the two days where he is set to notify MPs on the message from the President in respect to his reservations to the Finance Bill, 2018 pursuant to Article 115 of the Constitution and Supplementary Estimates, 2018.
Parliament may amend it inclusive of the President’s reservations or pass it a second time without amendment. The Speaker shall then re-submit it to the President for assent.
The lawmakers will require two-thirds majority vote or 232 MPs to overturn the presidential rejection.
The Bill was passed two weeks ago by MPs after the Minority Chief Whip Junet Mohammed successfully moved an amendment seeking to suspend 16 per cent VAT on petroleum products until September 2020 to protect Kenyans from the high cost of living.
However, National Treasury Cabinet Secretary Henry Rotich effected the tax on September 1 leading to an increase in fuel prices.
State House Spokesperson Kanze Dena said the President would address the country on the matter on Friday.
During the three sittings on Tuesday afternoon, and Thursday morning and afternoon MPs are also expected to consider the Supplementary Estimates 2018.