“Saving Today, Securing Tomorrow”: Treasury Seeks Public Input on Kenya’s Sovereign Wealth Fund Bill

Kenya is taking bold steps to secure its economic future. The National Treasury has invited the public to share their views on the draft Kenya Sovereign Wealth Fund Bill, 2025, a proposed law that aims to manage natural resource revenues responsibly and prepare the nation for generations ahead.

Treasury Cabinet Secretary John Mbadi said the Bill reflects Kenya’s commitment to transparency, good governance and long-term financial stability. He emphasized that it aligns with the Constitution’s principles of accountability in public finance. “We must safeguard our wealth for both current and future generations,” Mbadi said, urging Kenyans to take part in shaping the law.

The draft Bill seeks to create a structured framework for saving, investing and protecting natural resource income such as oil and minerals. It also aims to provide a financial cushion during economic shocks or unexpected downturns. Treasury officials say the fund will act as a stabilizer when revenues fluctuate and a tool for financing key infrastructure projects.

According to the Treasury, the proposed fund will not only promote economic resilience but also ensure that Kenya’s natural wealth benefits all citizens. It will help the government reduce reliance on debt by channeling savings into strategic investments. In addition, it will create a sustainable base for future generations once natural resources are depleted.

The ministry has invited input from national and county governments, civil society, professional bodies, private sector players and the general public. Stakeholders have until November 7, 2025, to submit their memoranda or proposals.

President William Ruto has also expressed strong support for the initiative, noting that the Sovereign Wealth Fund and the planned Infrastructure Fund will transform how Kenya manages its finances. He said the move would help the country invest more, borrow less, and grow sustainably.

If passed, the Bill could mark a major shift in Kenya’s economic policy, turning natural resource income into a legacy of wealth, stability and opportunity. The message from Treasury is clear: “Save today, so Kenya can stand stronger tomorrow.”