Treasury struggles as fuel subsidy hits Sh71bn in six months

An attendant fills a tank at Rubis Petrol Station on Koinange Street in Nairobi. PHOTO | DENNIS ONSONGO | NMG

Kenya has spent Sh71.17 billion to subsidise diesel, super and kerosene in the six months to June, highlighting the burden of the fuel stabilisation scheme on the national budget.

Consumption data from Energy and Petroleum Regulatory Authority (Epra) shows Kenya has spent an average of Sh11.86 billion monthly to keep fuel prices low for six months to June.

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