President William Ruto announced the establishment of a new National Infrastructure Fund to revolutionize how Kenya finances its development projects, moving away from reliance on heavy borrowing and increased taxes. This fund, along with a Sovereign Wealth Fund, aims to attract diverse investments and protect the nation's long-term economic interests.

• Proceeds from state asset privatization will be directed to the National Infrastructure Fund to attract investment from pension funds, sovereign partners, private equity firms, and development finance institutions.
• President Ruto emphasized that this new financing model will enable the government to build critical infrastructure without raising taxes or accumulating unsustainable foreign debt.
• The Sovereign Wealth Fund focuses on savings, stabilization against global shocks, and infrastructure investment, with a draft Sh200 billion Sovereign Wealth Fund Bill outlining its management.