President William Ruto has said that the government's commitment to reducing the cost of living is bearing fruit.
He said the cost of living is a reality that can be addressed by households through effective measures.
The President added that by supporting agricultural production, the country has addressed the high cost of living.
"I am committed to putting the shame of hunger behind us once and for all. We rolled out a country-wide farmer registration and fertiliser subsidy program that has made available 5.5 million bags to farmers across Kenya," he said.
The President said the government has reduced the price of fertiliser from Sh6,500 to Sh2,500 and increased maize acreage.
"As a result of this intervention, today a 2kg packet of maize flour is selling at a low of 145 and a high of 175 depending on the brand you buy, down from Sh250 a few months ago," Ruto said.
The President attributed the Covid-19 pandemic, global supply chain disruptions and geopolitical political conflicts to raised inflation and interest rates adversely affecting the economy.
The President spoke on Thursday while giving the State of the Nation address at Parliament Buildings.
