Kenya to retain monthly fuel subsidy

fuel prices, fuel subsidy, petroleum development levy


Business Daily | by John Mutua


Motorists will be spared the pain of rising crude oil costs after the State opted to retain subsidies on fuel prices to defuse outrage by Kenyans already squeezed by the high cost of living.

Mining and Petroleum chief administrative secretary John Musonik told Parliament Thursday that the State will continue tapping into the Petroleum Development Fund…

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