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Originally published by Kenyanstop
December 12, 2025
6d ago
Ruto Announces Major Reform for Privatization Proceeds to Be Channelled Into New National Funds

The President also cautioned that even the strongest financing systems will fail without integrity, peace, and strategic human capital development...
⨠Key Highlights
President William Ruto has announced a significant reform for handling proceeds from the privatisation of state-owned enterprises, effective December 12, 2025. Instead of being absorbed into the recurrent budget, these funds will now be channeled into two new national funds: the National Infrastructure Fund (NIF) and the Sovereign Wealth Fund (SWF).
- The National Infrastructure Fund will strictly finance public projects, aiming to attract ten shillings from external partners for every shilling invested by the government.
- The Sovereign Wealth Fund, to be considered for approval by the Cabinet on Monday, December 15, 2025, will be capitalized by natural resource royalties, dividends from public investments, and a percentage of privatisation proceeds, ensuring inter-generational equity.
- These funds are part of Ruto's Sh5 trillion economic freedom project, aimed at transforming Kenya into a first-world economy.
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