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Notable Achievements

Key milestones and accomplishments of the Financial and Sectoral Affairs Department

Policies, Reports & Strategies

Developed and implemented by the Department

1
National Policy on Climate Finance, 2018
Enhances mobilization of climate finance that contributes to low carbon climate resilient development goals.
2
Disaster Risk Financing Strategy (2018–2022)
Enables effective response to disasters, thereby protecting the development goals, stability, and wellbeing of citizens.
3
Cost of Hunger in Africa (COHA) Kenya Study, 2019
Estimated the cost of undernutrition in health, education and productivity sectors.
4
Kenya Green Bonds Regulatory Framework
Facilitated the issuance of the first corporate green bond in Kenya.
5
National Credit Guarantee Policy, 2025
Anchors delivery of innovative finance to MSMEs through a structured guarantee framework.
6
National Policy on Virtual Assets and VASPs
Governs Virtual Assets and Virtual Asset Service Providers (VASPs) in Kenya.
7
MTP IV Financial Services Sector Plan (2023–2027)
Medium-Term Plan for the Financial Services Sector aligned with national development priorities.
8
National Financial Inclusion Strategy
Blueprint for expanding access to formal financial services for all Kenyans.
9
Regional Integration Sustainability Implementation Programme Strategy
Strategic framework for sustaining Kenya's regional integration commitments.
10
RIIP Resource Mobilization
Mobilized resources under the Regional Integration Implementation Programme (RIIP) up to KShs. 1.3 billion.
11
National Retirement Benefits Policy
Policy framework guiding the retirement benefits sector in Kenya.

Statutes & Regulations

Legislative and regulatory instruments developed by the Department

1
Nairobi International Financial Centre (NIFC) Act, 2017
Establishes the NIFC, positioning Nairobi as a leading international financial hub.
2
Amendment of the Central Bank (CBK) Act
Provides for the supervision of mortgage refinancing companies, strengthening the housing finance sector.
3
Amendment of the Public Finance Management Act
Issued regulations to implement the Credit Guarantee Scheme for MSMEs.
4
Virtual Assets and Service Providers' Act, 2025
Regulates transactions in virtual assets, providing a clear legal framework for the digital assets sector.
At a Glance
11
Policies & Strategies
4
Statutes & Regulations
KShs 1.3B
RIIP Resources Mobilized
2017
NIFC Act Enacted