Kenya is set to raise Sh175 billion through the fuel levy to resume over 580 stalled road projects, as announced by Davis Chirchir, the Cabinet Secretary for Roads and Transport.
- Sh7 of the Sh25 per litre fuel levy will be securitized to provide upfront cash for contractors.
- The funding model will not incur new debt and aims to resolve unpaid bills from the previous administration.
- The government plans to ensure transparency and engage with Parliament and the public about the initiative.