This is through the removal of subsidies,” he said.Are you a photographer, graphic designer or multimedia artist looking to purchase Adobe Photoshop? If so, you may be wondering “How much does it cost to buy Photoshop permanently?” Unfortunately, the answer is not so simple.Īfter Photoshop CS6, Adobe stopped selling lifetime copies of their software. “My first assignment in the last five months is to stabilise the economy. While speaking in Mombasa in February, the President said he had his eyes focused on stabilising the economy which had deteriorated. We did not have the money to cater for the subsidies we were borrowing it locally or externally,” he added. "Some Sh25 billion was being spent on fuel and power subsidies monthly. He also said the amounts that were being used on subsidies by the previous administration were from loans. "The subsidy would cost up to Sh3 billion per month and was not a long-term solution to the high cost of living in Kenya." When the President took over power, he removed subsidies for fuel, maize flour, fertilizers, electricity and other commodities, saying the subsidies were benefiting only a few people, and Kenyans were still experiencing a high cost of living.ĭuring an interview in December 2022, Ruto said the removal of subsidy was because his administration is looking for a long-term solution to the rising cost of living. "We are telling Ruto to bring back the subsidies so that Kenyans can get a sigh of relief," he retaliated. He also defended Uhuru's move on the introduction of subsidies saying Covid-19, Russia-Ukraine war contributed to the increased cost of living. In America, President Joe Biden introduced subsidies, Brazil and India also have subsidies," he said. "Cost of living is currently high all over the world. Speaking in Kiambu during a rally, Raila said Retired President Uhuru Kenyatta introduced subsidies and the prices of commodities went down. ODM Leader Raila Odinga has said the opposition wants President William Ruto to re-introduce subsidies in commodities to lower the cost of living in the country.
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