October will mark the end of the subsidized Sh90 maize flour following a move by the Treasury that saw it allocate another Sh3 billion to compensate for maize import costs from August.
The move now means Sh6.7 billion has been spent to help relieve customers from the high cost of flour.
According to Treasury Cabinet Secretary Henry Rotich, the plan is set to end in a few weeks and the government is expecting that fresh maize harvests will be availed for millers.
“We have extended subsidy programme to mid-October, therefore, requiring additional resources to continue the subsidy that was expected to have ended in August,” said Rotich.
President Uhuru Kenyatta says the government will include another Sh6 billion to purchase maize from farmers and replace the reserves.
“To boost our food security and sustain affordable price for maize flour, the Government will buy under the Strategic Food Reserve, all the maize offered for sale by our farmers during this 2017/18 season,” said the President.
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