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December 16, 2025
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Explained: List of Govt-Owned Funds and What They Do

Explained: List of Govt-Owned Funds and What They Do

The establishment of the National Infrastructure Fund and the Sovereign Wealth Fund joins key national government funds as the country enters a new phase of development towards a first-world economy...

✨ Key Highlights

The Cabinet's approval of a Sh5 trillion National Infrastructure Fund (NIF) on December 15, 2025, has sparked renewed public debate on the various funds managed by the Kenyan national government. These funds operate under the Constitution and specific Acts of Parliament to serve governance, development, social protection, and economic empowerment.

  • The Consolidated Fund, established under Article 206, is the government's main account for national revenue.
  • The Contingencies Fund, under Article 208, allows for emergency spending before parliamentary approval.
  • The Equalisation Fund, established by Article 204, finances basic services in marginalised areas, receiving 0.5 per cent of national revenue annually.
  • The Judiciary Fund, under Article 173, ensures the financial independence of the Judiciary.
  • Other key funds include the National Government Constituencies Development Fund (NG-CDF) and social and enterprise funds like the Youth Enterprise Development Fund and HELB.

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