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Kenya Reinstates a Small Fuel Subsidy to Stabilize Prices


Kenya Reinstates a Small Fuel Subsidy to Stabilize Prices
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Kenya has reinstated a small subsidy to stabilize retail fuel prices for the next 30 days, a reversal of a recent government policy after public anger over the high cost of living. For more, VOA’s Douglas Mpuga spoke to David Monda, professor of political science at City University of New York, who says the Kenyan government’s original move was aimed at cutting spending as Nairobi seeks to handle debt repayments which have forced it to deny market speculation about a possible default.

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