President William Ruto has outlined a series of measures aimed at protecting Kenyans from rising fuel prices and economic shocks caused by the ongoing Middle East conflict.
According to the government, a key buffer is the government-to-government fuel import deal, which is currently helping stabilize fuel prices and ensure a steady supply despite rising global oil costs.
Ruto revealed that a high-level meeting involving the Ministries of Energy, Agriculture, Trade, the National Treasury, the Central Bank, and private sector players was held to assess the situation and develop interventions.
Beyond fuel, the government says fertiliser supplies remain stable, with enough stock to support farmers through the current planting season up to September.
The President also pointed to strong export performance, especially in the tea sector, and increased cargo activity at the ports of Mombasa and Lamu as signs of resilience despite global disruptions.
However, some sectors, such as meat exports, are already feeling the strain due to logistical challenges, prompting the government to explore alternative solutions.
Ruto emphasized that the government will continue monitoring global developments and is ready to introduce additional measures if fuel prices rise further.
According to the government, a key buffer is the government-to-government fuel import deal, which is currently helping stabilize fuel prices and ensure a steady supply despite rising global oil costs.
Ruto revealed that a high-level meeting involving the Ministries of Energy, Agriculture, Trade, the National Treasury, the Central Bank, and private sector players was held to assess the situation and develop interventions.
Beyond fuel, the government says fertiliser supplies remain stable, with enough stock to support farmers through the current planting season up to September.
The President also pointed to strong export performance, especially in the tea sector, and increased cargo activity at the ports of Mombasa and Lamu as signs of resilience despite global disruptions.
However, some sectors, such as meat exports, are already feeling the strain due to logistical challenges, prompting the government to explore alternative solutions.
Ruto emphasized that the government will continue monitoring global developments and is ready to introduce additional measures if fuel prices rise further.
