Kenya: Ruto Pitches Infrastructure Fund As Key to Financing Kenya's Growth Without New Deb

Kenya: Ruto Pitches Infrastructure Fund As Key to Financing Kenya's Growth Without New Deb

Nairobi -- President William Ruto has said the newly established National Infrastructure Fund will be central to financing Kenya's next phase of development, signalling a shift away from heavy borrowing and rising tax pressures.

Doubts on Kenya’s economic growth after Ruto’s address

Once a year, there is a special siting where the president reports to parliament on the state of security as well as talk about accelerating economic policies as per article 132 (1)(b) of the constitution. This time, President William Ruto believes that Kenya has put in place strategies to “eliminate wasteful subsidies”, give relief to

No more borrowing? Ruto banks on sovereign funds to finance infrastructure projects

President William Ruto is banking on two sovereign funds to deliver Sh5 trillion projects over 10years, highlighting the government’s resolve to shift from funding infrastructure projects using debt. During an address to Parliament on Thursday, the President said funding to projects in transport, energy, agriculture and education sectors would be sourced from the Sovereign Wealth Fund and the National […]