National Assembly set to debate National Infrastructure Bill

The proposed Fund seeks to attract private and alternative financing, reduce reliance on public debt, and support commercially viable infrastructure projects - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The National Assembly is preparing to debate the National Infrastructure Fund Bill, which aims to accelerate national infrastructure development by attracting private financing and reducing reliance on public debt.

The proposed Fund would be financed by proceeds from government asset privatization and parliamentary allocations.
Key stakeholders, including the Departmental Committee on Finance and National Planning and the public, have expressed support but raised concerns about safeguards against mismanagement and potential debt obscuring.
Participants suggest specific measures such as ensuring projects are above Ksh50 billion and requiring independent feasibility studies.

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