Kenya offers subsidies to maize importers to lower maize flour prices

WEB_PHOTO_DROUGH_MAIZE_FIELD

Six years-old Juma Dalu (L) and his brother Charo Mwatsalu plough their family dried corn field on January 27, 2009 in Kwale.The

NAIROBI - Kenya will offer subsidies to maize importers to help lower the cost of maize flour which shot up due to drought, Agriculture Minister Willy Bett said on Tuesday.

Bett said the measure will lower the price of a 90 kg bag of maize to 2,300 Kenyan shillings ($22.27) from above 4,000 shillings, meaning a 2 kg packet of flour will sell for 90 shillings.

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The price of a two kilogram packet of maize flour jumped by a third to 135.87 shillings in April from the same period last year.

($1 = 103.3000 Kenyan shillings)

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