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Middle East conflicts threaten Ruto’s fertiliser subsidy plan
There are fears that ongoing conflicts in the Middle East could affect the cost of producing fertiliser, which would hurt Kenya’s food security prospects next year.
An escalation of ongoing conflicts in the Middle East could raise the global costs of producing fertiliser in 2025, new World Bank projections showed, casting a shadow on Kenya’s plans to distribute over 93,000 tonnes of the farm input under a subsidy programme.
In its latest commodity markets outlook, the World Bank said the conflict could drive up the costs of oil as well as those of natural gas, which are key ingredients in the manufacture of fertiliser, resulting to higher-than-expected prices of the crucial plant nutrients.