Kenya spends Sh7.65bn monthly on fuel subsidy

People queuing with jerrycans at a petrol station in Eldoret town, Uasin Gishu County. PHOTO | JARED NYATAYA | NMG

Photo credit: Jared Nyataya | Nation Media Group

Kenya spends an average of Sh7.65 billion ($66 million) every month to subsidise diesel, super and kerosene, highlighting the adverse impact of the fuel stabilisation programme on the country’s revenues.

The World Bank says that the monthly expenditure on the programme that started in April continues to hurt the country’s budget and planning, signalling its intention to push for the scrapping of the subsidy.

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