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NIF got launched to curb rising debt and fund infrastructure- Govt

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Citizen TV (Youtube)
March 9, 2026
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The signing of the national infrastructure bill into law will go along way in curing the fiscal challenges faced by the country, in its quest to meet infrastructure demand without increasing the public debt further. Public debt, which currently stands at 67 percent of GDP, consum

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President Ruto signs KSh 5 trillion National Infrastructure Fund law - March 2026

President William Ruto signed into law the KSh 5 trillion National Infrastructure Fund, a landmark legislation aimed at driving major development projects across the nation. The government launched efforts to raise over Sh5 trillion through the fund, designed to address Kenya's fiscal challenges and fund infrastructure without increasing public debt. Ruto stated the fund provides different leverage for development projects. The Nairobi County special committee announced a KSh 25 billion allocation for infrastructure development. Additionally, the National Government Projects Bill was signed into law, paving the way for financing major government projects.

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