The National Treasury has defended the state of Kenya’s economy and called on Parliament to move with speed in approving key financial instruments meant to unlock major investment funds.

In a statement shared on X on Thursday, January 29, 2026, the Treasury said recent economic indicators show growing stability, even as lawmakers debate the country’s fiscal direction. The remarks were made during a retreat of Members of the National Assembly in Naivasha, Nakuru County, where Treasury officials briefed legislators on the economy and pending reforms.

The Treasury said the government’s priority is to stabilise the economy while creating room for long-term investment and job creation. It argued that recent performance in financial markets and external inflows reflects renewed confidence among investors and Kenyans abroad.

“Macroeconomic stability continues to reinforce investor confidence, as reflected in improved capital market performance, sustained inflows from exports and diaspora remittances, and prudent public debt and liability management,” the statement reads.

The Treasury further linked this stability to how Kenya is viewed globally, saying international benchmarks and ratings have shown improvement. Officials said this has helped the country maintain access to global markets at a time when many economies are under pressure.

“These gains are further evidenced by Kenya’s improved global competitiveness rankings and recent sovereign credit rating upgrades,” the statement reads.

In its engagement with lawmakers, the Treasury also outlined ongoing public finance reforms under Ruto’s regime. The focus, it said, is on tightening spending, improving accountability, and ensuring public money delivers tangible value to citizens.

“Under the leadership of William Ruto, the Government is implementing decisive reforms in revenue mobilisation, expenditure management, and public financial management. Key initiatives include the adoption of zero-based budgeting, implementation of the Treasury Single Account, accelerated digitisation of government systems, and strengthened expenditure controls, all aimed at supporting fiscal consolidation and enhancing value for money,” part of the National Treasury’s post reads.

The statement also pointed to structural changes meant to support long-term development and reduce overreliance on borrowing. According to the Treasury, new institutions and reforms in state-owned enterprises are meant to attract private capital into development projects.

“Notable milestones include ongoing State Owned Enterprises reforms and the establishment of the National Infrastructure Fund and the Sovereign Wealth Fund, which are designed to anchor long-term development and drive sustainable economic transformation. Collectively, these reforms seek to crowd in private capital while reducing reliance on borrowing and taxation,” the statement reads.

The Treasury said these issues were discussed directly with legislators during the Naivasha retreat. Treasury Principal Secretary Chris Kiptoo led the engagement, which was chaired by National Assembly Speaker Moses Masika Wetangula. The Treasury said the meeting was meant to push Parliament to act quickly so that Kenyans can start seeing the impact of the proposed funds.

“In this context, Treasury PS Chris Kiptoo engaged Members of the National Assembly, chaired by the Speaker of the National Assembly, Moses Masika Wetangula Wetangula, during the ongoing retreat in Naivasha, Nakuru County. He provided an update on the state of the economy and urged Parliament to fast-track approval of the requisite instruments to operationalise the two Funds, enabling Kenyans to begin realising their intended benefits,” the statement reads.