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MPs give Sh6.7bn fuel subsidy in mini budget

Fuel pump

Fuel attendant holding a fuel pump at the filling station along Kimathi Street in this photo taken on June 8, 2021.

Photo credit: File | Nation Media Group

What you need to know:

  • Cash will cushion consumers from the shocks of rising petroleum prices.
  • This month, petrol and diesel prices increased by Sh5 per litre.

Lawmakers have allocated Sh6.7 billion for fuel subsidy to cushion consumers from the shocks of rising petroleum prices.

The funds will be channelled to the Petroleum ministry to cater for a fuel subsidy under the Petroleum Development Levy Fund.