Inside Ruto’s Ksh5T Infrastructure Fund as World Bank warns of surging poverty levels

President William Ruto’s ambitious Ksh5 trillion National Infrastructure Fund (NIF), billed as a game-changing vehicle for financing Kenya’s infrastructure without piling on new debt, will not resolve the country’s underlying fiscal challenges, the World Bank has warned. In its latest… President William Ruto’s ambitious Ksh5 trillion National Infrastructure Fund (NIF), billed as a game-changing vehicle for financing Kenya’s infrastructure without piling on new debt, will not resolve the country’s underlying fiscal challenges, the World Bank has warned. In its latest…