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Originally published by The Standard Business
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February 26, 2026
3h ago

CoB flags glaring gaps in Infrastructure Fund Bill

CoB flags glaring gaps in Infrastructure Fund Bill

The Controller of Budget has raised concerns over several clauses in the National Infrastructure Fund Bill, 2026, and proposed amendments to align it with the Constitution and other laws...

✨ Key Highlights

The Controller of Budget, Margaret Nyakang'o, has identified significant issues with the proposed National Infrastructure Fund Bill, 2026, calling for amendments to ensure legal compliance.

  • The Controller of Budget noted the Fund is established as a corporate entity, not under Section 24 of the Public Finance Management Act (Cap 412) as expected.
  • Key figure involved: Margaret Nyakang'o, Controller of Budget.
  • The concerns were raised during a presentation to the National Assembly Committee on Finance and National Planning.

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