The State more than doubled the subsidy on diesel to Sh2.33 per litre in the monthly cycle ending December 14, helping to keep pump prices unchanged amid a rise in the cost of imported fuel.
The subsidy is more than double the Sh0.54 applied in the previous cycle and helped keep prices of diesel unchanged at Sh171.47 per litre in Nairobi. Without it, the price would have increased and triggered inflationary pressure.
