Ruto Pitches Infrastructure Fund as Key to Financing Kenya’s Growth Without New Deb
NAIROBI, Kenya, Nov 20 — President William Ruto has said the newly established National Infrastructure Fund will be central to financing Kenya’s next Kenya breaking news | Kenya news today |..
✨ Key Highlights
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.
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President Ruto Announces Infrastructure Fund and New Economic Policies - November 2025
President William Ruto announced the establishment of a new National Infrastructure Fund, designed to finance Kenya’s development projects without reliance on heavy borrowing and increased taxes. This announcement comes as President Ruto is scheduled to address Parliament on Thursday regarding the State of the Nation, where he will face pressure over the country's economic performance and his bottom-up transformation agenda. Separately, the Kenyan government is aiming to revive its textile industry, which has declined over decades, with a new policy to re-establish it as a major economic pillar for import substitution and export growth.
