Mabdi: NIF will only fund economically viable projects

Treasury CS John Mbadi before the Departmental Committee on Finance and National Planning at Bunge Towers in Nairobi on August 20, 2026. [Elvis Ogina, Standard]

State projects unable to demonstrate economic viability will be locked out of the National Infrastructure Fund (NIF), in line with a new Investment Policy Statement (IPS) introduced by Treasury.

National Treasury Cabinet Secretary John Mbadi on Thursday revealed that the NIF, currently holding Sh340 billion, will operate based on a strict commercial principle which seeks to ensure that capital is preserved and investments generate revenue.