Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Dollar spend on food imports hits 68-month high in March
Food purchases piled pressure on Kenya’s reserve of foreign currencies, taking close to 17.1 percent of the country’s total import bill. FILE PHOTO | SHUTTERSTOCK
Food purchases piled pressure on Kenya’s reserve of foreign currencies, taking close to 17.1 percent of the country’s total import bill in March, the latest from the national statistician shows.
The share of food imports was the highest in 68 months, pointing to inflationary pressures occasioned by a crippling drought that depressed local production.