Blow to Uhuru’s Big 4 Agenda as MPs reject plans to finance ambitious project

Big 4 agenda a key part of President Kenyatta's legacy

The legislators unanimously rejected plans by the government to pass the financial burden to taxpayers through taxes.

The affordable housing plan aims to see 500000 units constructed within 5 years and would be part of President Kenyatta's legacy.

The project was to be financed by taxpayers with every employee contributing 0.5% of his or her gross salary.

Employers would also match the contributions up to a maximum of 5000 shillings.

The move was a relief to the taxpayer who is already facing high cost of living with a new 16% VAT on fuel coming into effect today.

Minority leader in Parliament Junet Mohamed stated that “Parliament has been accused of not being sensitive to the needs of the people and it is today that we need to a rise to the occasion”.

With the new move the ambitious plan will most likely not be realized in President Kenyatta’s second and final term in office.

The plan was mooted to address the chronic housing shortage in Kenya with the latest Economic Update by the World Bank putting the country’s housing gap at 2 million.

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Amazing transformation of 21-year-old man bullied for being born different (video)

Amazing transformation of 21-year-old man bullied for being born different (video)

Why do guys still masturbate when they have girlfriends?

Why do guys still masturbate when they have girlfriends?

Abel Mutua's movie makes over Sh4M in 5 days

Abel Mutua's movie makes over Sh4M in 5 days

I spent Sh800K - Vera speaks on begging for money to fund lavish Baby shower

I spent Sh800K - Vera speaks on begging for money to fund lavish Baby shower

British MP claims she didn't know her flat was owned by the Kenyatta family

British MP claims she didn't know her flat was owned by the Kenyatta family

Shika Simu yangu bro, we need you - Eric Omondi begs Eddie Butita

Shika Simu yangu bro, we need you - Eric Omondi begs Eddie Butita

Cooking for Drake, collaboration with Wizkid and other things Tems revealed in a Twitter Q&A

Cooking for Drake, collaboration with Wizkid and other things Tems revealed in a Twitter Q&A

5 things you should never do to please a woman

5 things you should never do to please a woman

Mulamwah and girlfriend Sonie welcome a bouncing Baby Girl (Photo)

Mulamwah and girlfriend Sonie welcome a bouncing Baby Girl (Photo)