The House is also considering introducing options for where the country can source fuel products, in order to avoid overreliance on petrol from the Middle East.
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Banks and other financial institutions may soon be called to the negotiating table with Members of Parliament in order to extend moratorium of interest on loans owed by those in the transport sector
The move is part of the long-term plans by MPs in reducing the pain of the high fuel prices in the country.
Subsidised fertiliser drying up as global supply shock hits Kenya's grain belt
Kenyans have been pushed to the edge by runaway fuel prices that continue to trigger pain across every sector of the economy.
By Edith Mutethya in Nairobi, Kenya |
The government merely treats the symptom while leaving the disease untouched.
Kiharu Member of Parliament Ndindi Nyoro has proposed several measures that, if approved by Parliament, could see prices drop…
High fuel costs are crippling the flow of Kenya’s economy, a leading business lobby warned on Wednesday.
Parliament is prepared for another heated debate over taxes and the Finance Bill.
