Kenyans have been relieved of the burden of rising fuel prices after the government on Thursday announced that the price of the commodity will remain unchanged in the new monthly review.
In a press statement, State House spokesperson Kanze Dena said that President Uhuru Kenyatta ordered an additional subsidy to cushion Kenyans from rising fuel prices.
She stated that the President understood that high fuel prices were posing a significant challenge to every Kenyan household.
In the new review, petrol will continue to retail at Sh159.12 per litre while diesel of the same amount will continue to retail at Sh140.00.
A litre of kerosene will continue to retail at Sh127.94.
“It is notified that His Excellency the president has today authorized an additional fuel subsidy of Sh16.675 billion so as to cushion Kenyans from a further increase in fuel prices. With today’s presidential action, diesel will continue to retail at Sh140.00, petrol at Sh159.12 and kerosene at Sh127.94,” read the statement.
The State House spokesperson maintained that the government has over the last year implemented a fuel subsidy programme that has costed Sh101.852 billion.
Kanze further stated that without the subsidy the prices of diesel would have been at Sh193.64 per litre, petrol at Sh209.95 per litre while kerosene of a similar amount would retail at Sh181.13.
She added that the government will continue to roll out similar actions so as to provide further direct relief to Kenyans to avoid a further increase in the cost of living.