CoB flags glaring gaps in Infrastructure Fund Bill

The Controller of Budget (CoB) has raised concerns over several clauses in the National Infrastructure Fund Bill, 2026, and proposed amendments to align it with the Constitution and other laws.

In a presentation to the National Assembly Committee on Finance and National Planning during a stakeholder engagement forum, CoB Margaret Nyakang’o said the Fund is not established under Section 24 of the Public Finance Management Act (Cap 412) but as a corporate entity. Consequently, the exclusion under Article 206(1)(a) of the Constitution does not apply.

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var diffToEnd = saleEnd – now;
var totalSeconds = Math.floor(diffToEnd / 1000);
var days = Math.floor(totalSeconds / (24 * 3600));
var hours = Math.floor((totalSeconds % (24 * 3600)) / 3600);
var minutes = Math.floor((totalSeconds % 3600) / 60);
var seconds = totalSeconds % 60;

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Offer ends in…

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const minutes = Math.floor(totalSeconds / 60);
const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
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The Controller of Budget (CoB) has raised concerns over several clauses in the National Infrastructure Fund Bill, 2026, and proposed amendments to align it with the Constitution and other laws.

Follow The Standard
channel
on WhatsApp