The Online Kenyan Logo

The Online Kenyan

K
Originally published by Kenyans
đź“° Read Full Article
top
July 10, 2026
2h ago

World Bank Raises Concerns Over Ruto's Ksh5 Trillion Fund

World Bank Raises Concerns Over Ruto's Ksh5 Trillion Fund

The latest development comes just a day after Treasury CS Mbadi appointed six members to the NIF board to oversee its operations...

✨ Key Highlights

The World Bank has expressed concerns that Kenya's new National Infrastructure Fund (NIF), intended to finance major projects through asset sales and privatization, will not resolve the country's underlying revenue collection issues.

  • The NIF aims to mobilize Ksh5 trillion for infrastructure development.
  • Key organizations involved include the World Bank and the Kenyan government under President William Ruto.
  • The World Bank emphasizes that the NIF does not address structural weaknesses in revenue mobilization and spending efficiency, calling for sustained fiscal consolidation.

Continue Reading

Read the complete article from Kenyans

đź“° Read Full Article
Advertisement

Related News

President Ruto launches phase two of Nyota programme (Part 1)
Video

President Ruto launches phase two of Nyota programme (Part 1)

N
NTV Kenya (Youtube)
3h ago
President Ruto Announces 60,000 Jobs In Massive Ksh2.2 Trillion Lamu Oil Refinery Deal With Aliko Dangote
entertainment4h ago

President Ruto Announces 60,000 Jobs In Massive Ksh2.2 Trillion Lamu Oil Refinery Deal With Aliko Dangote

President William Ruto has announced a substantial job creation initiative linked to a massive Ksh2.2 trillion oil refinery deal in Lamu with Aliko Dangote.

G
Ghafla! (Entertainment)
đź“° Read Full Story
“I No Longer Want To Be Number Two”: Musalia Mudavadi Declares Presidential Ambitions
entertainment4h ago

“I No Longer Want To Be Number Two”: Musalia Mudavadi Declares Presidential Ambitions

Prime Cabinet Secretary Musalia Mudavadi has declared his presidential ambitions, explicitly stating he no longer wishes to hold the second-highest office.

G
Ghafla! (Entertainment)
đź“° Read Full Story
Ruto Unveils Massive Job Opportunities in Dangote’s Lamu Refinery
top4h ago

Ruto Unveils Massive Job Opportunities in Dangote’s Lamu Refinery

President William Ruto announced that approximately 60,000 jobs will be created for Kenyan youths to work on the new Ksh2.2 trillion oil refinery project in Lamu, a venture by Nigerian businessman Aliko Dangote.

K
Kenyans
đź“° Read Full Story
President Ruto gives examples of the Nyota Fund success stories from across the country
Video

President Ruto gives examples of the Nyota Fund success stories from across the country

C
Citizen TV (Youtube)
5h ago
President Ruto's speech during phase two of Nyota programme launch at Ulinzi Complex
Video

President Ruto's speech during phase two of Nyota programme launch at Ulinzi Complex

N
NTV Kenya (Youtube)
5h ago
Advertisement