Kenya's Trade Minister Moses Kuria has said the dollar shortage in the country is beyond government's control.
Mr Kuria told MP on Wednesday said the shortage was a global issue but also blamed Kenya's culture of importing things that can be manufactured locally.
"You cannot be crying that we have problems with dollars when we are importing everything," he said.
He called for incentives to encourage local manufacturers and protect them from foreign competitors.
The Central Bank of Kenya (CBK) has directed commercial banks to ration dollars following a shortage of the currency, local outlets report.
Analysts have blamed the CBK for the dollar crisis, saying the regulator introduced tough rules in the interbank currency market.
But the regulator has repeatedly maintained that Kenya has sufficient foreign currency reserves to meet demand.
The Kenyan shilling has lost 9.0% against the US dollar in over a year, pushing up the cost of living.
Latest Stories
-
Ghana football at a crossroads – Accra Lions call for integrity and reform
18 minutes -
60 out of 100 bills passed into law in the last 4 years – Bagbin
2 hours -
Julius Debrah leads charge as Mahama makes first major appointments ahead of inauguration
2 hours -
Afenyo-Markin is wrong, ORAL is widely accepted by Ghanaians – Ahmed Ibrahim
2 hours -
Thousands rock AfroRave 2024 for Afrocentric extravaganza
3 hours -
RYTHM in Action: QNET donates food and other essentials to the Potter’s Village Orphanage
3 hours -
Akufo-Addo denies reports of presidential pardon to 11
3 hours -
Ambulance case: Gov’t didn’t want to jail you at all cost – Afenyo-Markin to Ato Forson
4 hours -
Minority was a thorn in my flesh – Afenyo-Markin
4 hours -
Minority Leader’s full address on dissolution of 8th Parliament
4 hours -
Afenyo-Markin laments unfinished business as 8th Parliament dissolves
4 hours -
Godfred Dame was determined to use all crude tactics to achieve my prosecution – Ato Forson
5 hours -
AG’s prosecution against me was meant to intimidate – Ato Forson
5 hours -
ORAL a needless committee, only for personal vendetta – Afenyo-Markin
5 hours -
Afenyo-Markin commends Ato Forson for leading a resilient Minority side in 8th Parliament
5 hours