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Home»Business»Inside Nyakang'o's trouble with Infrastructure Fund Bill
Business

Inside Nyakang'o's trouble with Infrastructure Fund Bill

By By Irene GithinjiFebruary 27, 2026No Comments2 Mins Read
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CoB flags glaring gaps in Infrastructure Fund Bill
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Controller of Budget Margaret Nyakang’o says the Infrastructure Fund is not established under Section 24 of the Public Finance Management Act (Cap 412) but as a corporate entity. [File, Standard]

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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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.

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Published Date: 2026-02-27 09:00:00
Author:
By Irene Githinji
Source: The Standard
By Irene Githinji

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