Kenya plans to impose import duties that will protect local industries from an influx of foreign goods, a government official said on Thursday.
Eric Simiyu Wafukho, chief Administrative secretary, National Treasury and Planning told journalists in Nairobi that the tariffs will target leather and furniture products which have been identified as priority sectors.
“We shall use taxes in order to spur local production so that we move toward becoming a net exporter,” Wafukho said.
The treasury official said that the taxes will be used to discourage the importation of goods that can be produced competitively due to the availability of raw materials.
Wafukho added that industrialization provides an avenue for the east African nation to achieve its target of improving the living standards of its citizens.
He revealed that a vibrant local manufacturing sector will play a positive role in reducing the level of unemployment in the country. Enditem