The Kenyan government has cut maize flour prices to Sh100 for a 2-kilogram packet over the next month handing a good gift to millions of Kenyans who are braving high inflation that has pushed up the prices of basic commodities.
The Ministry of Agriculture on Monday said it had struck an agreement with the millers to reduce the cost of flour which has been retailing at over Sh220 at major retail outlets in recent weeks further reducing the spending power of consumers.
Meanwhile, a 1-kilogram packet will retail at Sh52 and the 500-gram packet at Sh30.
The Ministry of Agriculture shall subsidize the price of maize flour being produced/sold by the miller for a period of four (4) weeks from the date of this contract,” read part of the agreement the Ministry has signed with millers.
Kenyans can now comfortably enjoy their favorite meals after this reduction. In recent times the government of Kenya also cushioned Kenyans against the rising fuel prices after it pumped a further Kes.16B to cushion the consumers.
