End subsidies to tame State spend, says World Bank
The World Bank Group headquarters building in Washington, DC, on April 9, 2023. The World Bank has called for the withdrawal of the remaining subsidies to check government spending, even as it threw its weight behind a move by President William Ruto to end the programme on fuel and maize flour.
The World Bank has called for the withdrawal of the remaining subsidies to check government spending, even as it threw its weight behind a move by President William Ruto to end the programme on fuel and maize flour.
Kenya has been subsidising critical production inputs, especially fuel, electricity, fertiliser, and for a brief period last year, on maize flour in a bid to lower prices, and cut the cost of production.
