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The Cabinet has approved a framework to position the Kenya National Trading Corporation (KNTC) as the anchor of State initiatives to create a price stabilizer for essential household food items. During a cabinet meeting chaired by President William Ruto in Statehouse Nairobi, the cabinet noted that Kenya National Trading Corporation will supplement other State initiatives by creating Strategic Reserves for staple and essential food items, vital farm inputs including fertilizerand any other goods necessary for ensuring stability in the prices of core goods consumed by Kenyans.
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President Ruto chairs first cabinet meeting under the new administration
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