Home Business Kenya to Launch Diesel Price Stabilization Fund

Kenya to Launch Diesel Price Stabilization Fund

fuel prices, fuel subsidy, petroleum development levy
[Image source: Pond 5]
Share

Kenyan Wall Street | by Eunniah Mbabazi

Kenya has announced plans to set up a diesel price stabilization fund, a move that seeks to reduce the volatility in the price of the fuel.

A stabilization fund is a mechanism that a government sets up to prevent the economy from large influxes of revenue from products such as oil.

A primary motivation is maintaining a steady level of government revenue…

Read more…


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version