Experts raise concerns over Sh5 trillion National Infrastructure Fund
Автор: Citizen TV Kenya
Загружено: 2026-02-25
Просмотров: 1445
Описание: Several experts including Controller of the Budget and the Auditor general have has raised concerns over the establishment Five trillion shillings National Infrastructure Fund. In a statement submitted to the National Assembly Finance Committee, during stakeholder engagement on the National Infrastructure Fund Bill 2026, Margaret Nyakang'o''s office says the Fund has been established as a Corporate Entity and not a Pubic Fund this making it prone to abuse. She questioned the legality of excluding her office from Authorization of withdrawal and Expenditure of the proceeds . Other Financial institutions have also questioned the Governance and Institutionalization of the Fund insisting that it should be managed by an Independent Entity and not National Treasury.
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