Kenya’s Fuel Subsidy Regressive and Inefficient, IMF Says

Spent $220 million to stabilize prices in second half of 2021
Without cushion, prices would jump as much as 16% in January

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By David Herbling

February 9, 2022 at 9:29 AM EST

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Kenya’s fuel subsidy is regressive and has a negative impact on economic efficiency, according to the International Monetary Fund.

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