National Assembly passes National Infrastructure Fund Bill 2026
A general view shows Kenyan Members of Parliament as they discuss the impeachment of then Deputy President Rigathi Gachagua inside the Parliament buildings in Nairobi, Kenya October 8, 2024. FILE PHOTO | REUTERS
Kenya’s National Assembly passed the National Infrastructure Fund Bill 2026 on Thursday, 5 March 2026, advancing a major plan to change how the East African nation funds its big development projects.
Lawmakers supporting the measure say it opens doors for fresh capital and expertise into important areas without straining government finances directly.
Opposition voices strong concerns
Passage of the bill followed intense pushback from the United Opposition. Leaders accused the government of trying to launch a financial vehicle free from proper oversight and scrutiny.
They raised alarms over the proposed KSh5 trillion fund, claiming it might be misused to sway the 2027 General Election. The opposition also argued the setup would allow bypassing normal parliamentary checks.
“Can you trust William Ruto on anything? What we know is that they are creating a fund that will not go through Parliament,” former Deputy President Rigathi Gachagua said.
Such statements highlight the sharp political divide and worries about transparency in handling large sums.
Now that the National Assembly has acted, the focus shifts to President William Ruto. Once he signs the bill, the National Infrastructure Fund can begin operations as a key tool for infrastructure work.
The development underscores ongoing debates in Kenya about balancing rapid growth with strong accountability. Supporters view it as essential for progress, while critics call for more safeguards.
As the bill moves toward law, its real impact will depend on how the fund is managed going forward. The political conversation around this legislation is expected to continue in the months ahead.