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Originally published by Capital Businessbusiness
March 18, 2026
3h ago
No clear framework guiding fuel subsidies, Auditor-General warns
In its latest audit of the Petroleum Development Fund for the year ended June 2025, the Auditor-General questions the absence of structured mechanisms to guide budgeting and financing of petroleum price stabilization, even as the State continues to deploy significant public resou..
✨ Key Highlights
Kenya's Auditor-General has raised concerns over the absence of a clear governance framework for the nation's fuel subsidy program, highlighting a lack of accountability and sustainability in billions of shillings spent.
- Sh13.18 billion was spent on oil market price stabilization during the year ended June 2025.
- The Office of the Auditor-General and The National Treasury are key entities involved.
- A directive from The National Treasury in July 2022 to form a multi-agency team was not acted upon by management, who continued to make payments.
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