President William Ruto on Tuesday, convened the Kenya Kwanza Parliamentary Group meeting at State House, Nairobi to discuss key development agenda.
During the meeting, Ruto appreciated Kenya Kwanza legislators for passing the Finance Act which is helping the government raise revenue to finance its budget.
The parliamentarians were also commended for passing four laws to anchor the Universal Health Care Programme as well as making key amendments to the Privatisation Act.
During the meeting, Ruto further explored upcoming Bills with the elected leaders in the ruling coalition.
These include among others; bills on conflict of interest, anti-money laundering, anti-terrorism financing, new regulations on public debt management, and the petition on sending Kenyan mission to Haiti.
National Assembly budget committee chair Ndindi Nyoro speaking during an interview with Ghetto Radio added that the President also discussed the rising cost of fuel.
"The economy is heading in the right direction and we are doing our best. Fuel prices will not rise to the predicted levels," Nyoro revealed.
On Monday, Chirchir told the National Dialogue Committee (NADCO) that fuel prices could escalate if the current Israel war in Gaza persists, which prompted loud outcries.
"I read an article in the Financial Times the other day that because of the Hamas and Israeli War, the international prices could go up to USD150 (per barrel) and that would literally mean our products going to a high of Ksh300 at the pump," CS Chirchir told National Dialogue Committee.
The comments came out even as the Central Bank of Kenyan (CBK) noted that global crude prices have dropped, with neighbouring Tanzania reducing their pump prices.
Nyoro defended Chirchir stating that the Energy CS was misquoted by the media.
The Kiharu MP stated that Chirchir had meant that fuel prices would rise only if the current international climate remained constant.
Nyoro also claimed that Kenya Kwanza inherited a crumbling economy and it would be impossible to reduce prices of all commodities at once.
The legislator noted that Ruto's administration in the short term will seek to reduce prices of basic commodities and products like Unga and fuel.
Ruto and his allies have been blaming Uhuru for failing to turn around the economy, one year into office.
The crisis meeting comes ahead of a review by the Energy and Petroleum Regulatory Authority (EPRA) of fuel prices on November 14.
Currently, fuel prices are retailing at a historic high of Ksh217.36 and Ksh205.47 for super petrol and diesel respectively.
