The National Treasury has invited members of the public and key stakeholders to submit their views on the draft Kenya Sovereign Wealth Fund Bill, 2025, a proposed law aimed at creating a legal framework for the management of the country’s natural resource revenues.
In a public notice dated October 24, 2025, Treasury Cabinet Secretary John Mbadi said the draft Bill had been developed in consultation with various stakeholders and is now open for public input before its finalization.
“The National Treasury, in consultation with other stakeholders, has developed a draft Kenya Sovereign Wealth Fund Bill, 2025. The Bill provides a legal framework for the management of natural resource revenues in the country,” the notice stated.
The proposed law is expected to help Kenya prudently invest and manage income derived from natural resources such as oil, gas, and minerals, ensuring that the benefits are shared across generations while promoting fiscal stability.
In line with the constitutional principles of transparency and accountability, Mbadi emphasized that the public participation exercise reflects the government’s commitment to inclusive lawmaking.
“In ensuring openness and accountability in public financial matters, and in compliance with Article 201(a) and 232(1)(d) of the Constitution, the National Treasury hereby invites members of the public, the National Government, the County Governments, Non-Governmental Organizations, civil societies, professional bodies, private sector players, religious groups, and other stakeholders to make submissions on the draft Bill,” he said.
Members of the public have until Friday, November 7, 2025, to submit their written comments either via email to [email protected] or by sending hard copies addressed to the Cabinet Secretary, National Treasury.
Mbadi urged Kenyans not to be left out of this key legislative process, describing the Bill as “an important step toward ensuring sustainable management of the country’s resource wealth.”
The draft Bill is available on the National Treasury website (www.treasury.go.ke) for public access and review.
