Ruto's sovereign fund plan draws scrutiny over governance gaps

The Kenya Kwanza government’s draft legislation to create the country’s first sovereign wealth fund (SWF) is drawing criticism from financial experts who question its economic rationale, governance structure and vague operational rules.

This has attracted scrutiny of the President William Ruto’s government’s ambition to manage future resource revenues.

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The Kenya Kwanza government’s draft legislation to create the country’s first sovereign wealth fund (SWF) is drawing criticism from financial experts who question its economic rationale, governance structure and vague operational rules.

Follow The Standard
channel
on WhatsApp