Treasury to scrap fuel subsidy in next two months, IMF says

Attendant manning a kerosene pump at a filling station in Nyeri. [John Gathua, Standard]

The government plans to end fuel subsidies by year-end, which could see motorists pay higher prices for a litre of super petrol.

The International Monetary Fund (IMF) said the National Treasury has committed to doing away with the subsidy by October.