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Originally published by Capital Newstop
April 21, 2026
14h ago
MPs to Hold Public Hearings on Sovereign Wealth Fund, PFM Amendment Bills

At the center of the exercise is the proposed Sovereign Wealth Fund Bill, 2026, which seeks to establish a legal framework for the creation and management of a national sovereign wealth fund. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
The National Assembly's Departmental Committee on Finance and National Planning will commence public hearings on two significant financial reform Bills: the Sovereign Wealth Fund Bill, 2026, and the Public Finance Management (Amendment) Bill, 2025.
- The Sovereign Wealth Fund Bill, 2026, sponsored by Majority Leader Kimani Ichung’wah, aims to establish a framework for managing national wealth for long-term investment through a three-tier structure: Stabilization, Infrastructure, and Future Generations Funds.
- The Public Finance Management (Amendment) Bill, 2025, also sponsored by Kimani Ichung’wah, seeks to streamline the allocation of additional funds to county governments and improve intergovernmental financial management.
- Public participation is a constitutional requirement to gather views from stakeholders and the public before the Bills are debated and passed, strengthening Kenya's fiscal discipline and economic planning.
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