By Joshua | February 19, 2026
The Government’s Department of Public Investment and Asset Management has requested an additional KSh 5.099 billion from the National Treasury to fill a budget gap for the 2026–2027 fiscal year and fund its core operations.
Speaking before the National Finance and Planning Committee, Principal Secretary Cyrell Odede explained that the department was assigned new responsibilities without receiving assets, leaving it without even official vehicles. Odede noted that he often has to borrow transport or rely on online ride services to carry out official duties.
The requested funds will also support the strengthening of public investment management, pension systems, employment initiatives, operational costs, and government digital projects.
