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Originally published by Capital Business
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business
March 16, 2026
2h ago

Lobby proposes replacing Treasury with National Economic Council

Lobby proposes replacing Treasury with National Economic Council

At the centre of the proposal is the creation of a National Economic Council (NEC) to take over key roles currently performed by the Treasury, including economic policy coordination and national development planning. Kenya breaking news | Kenya news today |..

✨ Key Highlights

A Kenyan reform lobby group, Kuna Dawa, is proposing a constitutional amendment to replace the National Treasury with a new National Economic Council (NEC) to streamline national development and public finances.

  • The NEC, chaired by the President, would oversee economic policy and development planning.
  • The proposal includes restructuring the National Development Budget, allocating 20% to national projects and 80% to regional development through County Economic Blocks.
  • Kuna Dawa plans to collect at least one million signatures to initiate the popular initiative process.

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