Parliament orders probe into the fuel subsidy fund

Parliament has ordered a review of Kenya’s fuel price stabilisation framework following a period of unprecedented volatility that saw pump prices hit record highs in May...

✨ Key Highlights

Parliament has ordered a review of Kenya's fuel price stabilisation framework following a period of unprecedented volatility and record-high pump prices in May.

The review is prompted by concerns over the sustainability and transparency of the Petroleum Development Levy (PDL) fund.
Parliament is leading the probe into the fund, which aims to cushion consumers from price shocks.
The fuel pump prices hit record highs recently, impacting consumers and raising questions about the effectiveness of the current stabilisation measures.

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