President William Ruto signed into law two significant parliamentary bills on Monday, July 6, 2026, aimed at reforming the Central Bank of Kenya (CBK) and modernizing parliamentary pension benefits.

• The Central Bank of Kenya (Amendment) Act, 2026, strengthens the CBK's financial stability mandate, separating routine monetary policy from emergency liquidity assistance and formally recognizing financial system stability as a secondary objective.
• The Parliamentary Pensions (Amendment) Act, 2023, aligns the pension framework with the 2010 Constitution, extending benefits to members of both the National Assembly and the Senate and including widowers as beneficiaries.
• Key reforms at the CBK include enhanced parliamentary oversight for Deputy Governor appointments and expanded authority in reserve management, including dealing in precious metals.