Kenya: Ruto, MPs in Talks to Create New Fund for Infrastructure Expansion

President William Ruto has revealed bold plans to introduce two critical funds, including an infrastructure fund to drive Kenya’s development agenda while reducing reliance on debt and commercial borrowing. 

Speaking during a church service in Meru County on Sunday, October 5, the Head of State disclosed that he had already engaged all Members of Parliament and tasked them with preparing legislation to establish an Infrastructure Fund and a Sovereign Wealth Fund, to anchor Kenya’s…