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    Middle East conflict Disrupting global economy, Kenya taking measures to cushion impact

    Oki Bin OkiBy Oki Bin OkiMarch 31, 2026No Comments2 Mins Read
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    President William Ruto
    President William Ruto
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    President William Ruto has warned that the ongoing conflict in the Middle East is exerting pressure on the global economy, with ripple effects already being felt across supply chains and national economies, including Kenya.

    In a statement, the President said the government has remained vigilant over the past month, closely monitoring developments and relying on continuous assessments from key ministries and agencies.

    Ruto revealed that he received a comprehensive briefing from the Ministries of Energy, Agriculture, Trade, the National Treasury, the Central Bank, and private sector players on the evolving geopolitical situation and its potential economic implications.

    On petroleum products, the President noted that while the full impact on fuel prices is still under assessment, measures are being put in place to cushion Kenyans from adverse effects and ensure stable supply. He pointed to the Government-to-Government fuel procurement arrangement as a key buffer that has helped shield consumers from immediate global price shocks.

    “The strategic intervention has mitigated price increases, ensured security of supply, and proven to be both prudent and forward-looking,” Ruto said.

    The Ministry of Energy, he added, is continuing to monitor international fuel prices and will work with the National Treasury to implement appropriate interventions where necessary.

    On agriculture, Ruto assured farmers that fertiliser supply remains stable, with sufficient stocks to support the current rainy season through to September.

    In the trade sector, the President acknowledged potential challenges for some exports, particularly tea, but noted that performance has remained strong due to market diversification efforts. According to the latest data, 81 percent of tea offered for auction this month was exported, up from 75 percent in March 2025.

    Ruto also highlighted increased activity at the Ports of Mombasa and Lamu, noting a significant rise in throughput at Lamu Port, including the handling of over 4,000 high-value motor vehicles destined for Gulf markets for onward transshipment. He said this underscores the growing strategic importance of Kenya’s port infrastructure.

    However, the President admitted that meat exports have been negatively affected by logistical and freight challenges. He said the Ministries of Trade and Agriculture are working together to identify alternative solutions to support exporters.

    Ruto reaffirmed the government’s commitment to safeguarding the country’s economic stability, saying authorities will continue to closely monitor the situation and take decisive action where necessary.

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