
The Hustler Fund is emerging as the most popular affirmative action fund of the William Ruto Presidency. The Hustler Fund, which is set to be operational in December, will see the government set aside Sh50 billion to provide cheaper credit for micro and small businesses.
But it is not the only Fund that taxpayers should expect to finance in coming months. The ruling Kenya Kwanza coalition made many campaign promises in its manifesto, a number of which will require the setting up of special funds to be actualised. Here are some of the special purpose funds to expect.
Infrastructure Fund
This fund will be established with initial capital from proceeds from privatisation and it seeks to reduce the financing of commercially viable infrastructure projects from the budget. Priority will be given to project grants or concessional financing, including water, health, education and environment or climate change.