Fuel: govt to cushion Kenyans from price hikes

National Treasury Cabinet Secretary John Mbadi now says the government is prepared to cushion Kenyans from possible price hikes in petroleum products by deploying the price stabilization fund. Mbadi, who spoke to the National Assembly’s finance and planning committee, assured of sufficient product stocks for the short term, saying consequences from the Middle East conflict are already being felt in some of Kenya’s leading exports.