Revealed: Treasury spent Sh47bn on Ruto fuel subsidy

Data from the Treasury shows that the fund has been unable to prevent a surge in petrol prices, forcing the state to dip into taxes.

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The Treasury has revealed that Kenya used billions of shillings in taxpayer funds to subsidise fuel prices, contradicting State House’s publicly stated position that the country had reversed the policy of subsidies on petroleum products.

Official documents show the Treasury spent more than Sh47.26 billion between April and June to stabilise retail fuel prices, with a significant chunk of the cash coming from taxes.

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Note: The results are not exact but very close to the actual.