Roads and Transport Cabinet Secretary Davis Chirchir was summoned before the National Assembly's Budget and Appropriations Committee to clarify a Ksh175 billion infrastructure bond. He explained it is not a loan to the government but a financing arrangement through a Special Purpose Vehicle (SPV), alleviating concerns about increasing Kenya's Ksh11 trillion national debt.

• The bond value is Ksh175 billion.
• The bond is facilitated by the Trade and Development Bank (TDB).
• Ksh7 from the Road Maintenance Levy Fund (RMLF) will be allocated to the SPV as collateral.
• The deal is considered "bankruptcy-remote" from the government, meaning it does not impact Kenya's public debt ceiling.
• Funds will be used to settle pending bills and for projects like the Nairobi-Nakuru-Mau Summit expansion.