T
Originally published by The Standard Business
📰 Read Full Article
February 27, 2026
3h ago

Inside Nyakang'o's trouble with Infrastructure Fund Bill

Inside Nyakang'o's trouble with 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

Controller of Budget Margaret Nyakang’o has raised significant concerns regarding the proposed National Infrastructure Fund Bill, 2026, suggesting amendments to ensure compliance with the Kenyan Constitution and relevant laws.

  • The Controller of Budget argues the Fund is established as a corporate entity, not under Section 24 of the Public Finance Management Act, thus affecting its legal standing.
  • Key individuals: Controller of Budget Margaret Nyakang’o presenting to the National Assembly Committee on Finance and National Planning.
  • A core issue is the exclusion of the Fund under Article 206(1)(a) of the Constitution, which Nyakang’o believes is misapplied.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement
Advertisement