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# Kenya earmarks additional $53.97mn in subsidies for farmers

Publication Date: 2023-11-24T19:00:21-05:00
Last Updated: 2023-11-24T03:30:22-05:00

Author: Kim Clarksen (https://www.fertilizerdaily.com/author/kimclarksen/)

Categories: [Markets](https://www.fertilizerdaily.com/markets/), [Trade &amp; Policy](https://www.fertilizerdaily.com/trade-and-policy/)

![Corn stalk under blue sky.](https://www.fertilizerdaily.com/wp-content/uploads/2023/11/corn-stalk-under-blue-sky-stockpack-unsplash-scaled-e1700775734682.jpg)

The Kenyan president's office hopes to see food production increase following the decision.

The Kenyan president’s office has announced that the country’s government has raised its budget for fertilizer subsidies, and that, as a result, food production could be set to increase.

It said in a press release that President William Ruto signed a bill into law on Thursday which will ensure that an extra $53.96mn (8.25bn Kenyan shillings) is spent on helping farmers to purchase fertilizers.

The president’s office added that, in order to keep maize prices stable and reduce losses, $13.7mn (2.1bn Kenyan shillings) has been set aside for post-harvest management.

It also noted that $26.1mn (4bn Kenyan shillings) will be spent on revitalizing the country’s coffee industry.

Tags: [fertilizer subsidies](https://www.fertilizerdaily.com/tag/fertilizer-subsidies/), [Kenya](https://www.fertilizerdaily.com/tag/kenya/)

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