Treasury shuns law set to control goods prices

The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG

The Treasury will not invoke the law that allows the government to control the prices of essential goods in reaction to the surge in inflation.

Treasury Principal Secretary Julius Muia on Wednesday said the State will not cap the price of basic items in line with the Price Control (Essential Goods) Act, 2011 as a weapon to control the cost of living measure.

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