The idea of a National Infrastructure Fund (NIF) as the magic wand that will transform Kenya into a first world economy has been criticised by experts who have also questioned Cabinet’s plan to create a limited liability company to house the Fund.
For a country that is evidently struggling economically, with a debt that is inching closer to Sh13 trillion, governance experts argue that such a Fund equates to mortgaging the nation’s assets and taxpayers at large.
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paywallEl.style.display = “block”;
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Offer ends in…
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${String(hours).padStart(2,’0′)}Hours
${String(minutes).padStart(2,’0′)}Minutes
${String(seconds).padStart(2,’0′)}Seconds
Subscribe Now & Save
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const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
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The idea of a National Infrastructure Fund (NIF) as the magic wand that will transform Kenya into a first world economy has been criticised by experts who have also questioned Cabinet’s plan to create a limited liability company to house the Fund.
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By Graham Kajilwa