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HomeDaily NewsThursday, June 11, 2026CS Mbadi Defends Ksh4.8 Trillion Budget Amid Economic Pressures - June 2026
Breaking News & Top Stories11 stories from 5 sources

CS Mbadi Defends Ksh4.8 Trillion Budget Amid Economic Pressures - June 2026

Treasury Cabinet Secretary John Mbadi defended the challenging 2026/27 budget of Ksh4.8 trillion, citing significant economic pressures including external shocks, underperformance in revenue collection, and rising inflation. He stated there would be no surprises as most revenue-raising proposals had already undergone public participation. CS Mbadi announced that ongoing KRA reforms are expected to boost tax collections without higher tax rates. He explained the government plans to address a Sh1.1 trillion deficit through revenue enhancement and expenditure rationalization. However, government spending outside approved budgets has jumped nearly sixfold to Sh276.99 billion in the first nine months of 2025/26, raising concerns about fiscal discipline. Kenyan government agencies have accumulated Sh465.87 billion in unpaid bills as of March 2026, amidst surging public debt of Sh12.82 trillion. Meanwhile, Peter Mbae is urging MPs to amend or reject the budget, blaming excessive government spending for increased borrowing.

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CCapital NewsFirstKKTN News (Youtube)CCitizen TV (Youtube)NNTV Kenya (Youtube)TThe Standard

News Coverage

Thursday 11:27 AMCapital News

CS Mbadi Defends Tough 2026/27 Budget Amid Economic Pressures

CS Mbadi Defends Tough 2026/27 Budget Amid Economic Pressures

Treasury Cabinet Secretary John Mbadi has defended the challenging 2026/27 budget, citing significant economic pressures including external shocks, underperformance in revenue collection, and rising inflation.

Read Story

Key Highlights

Treasury Cabinet Secretary John Mbadi has defended the challenging 2026/27 budget, citing significant economic pressures including external shocks, underperformance in revenue collection, and rising inflation.

  • The budget is considered one of the most difficult in recent years due to difficult economic realities.
  • Key individuals include CS John Mbadi, representing the Treasury.
  • The budget aims to balance public expenditure, debt obligations, and demand for essential services amidst public calls for tax relief and lower commodity prices.
Wednesday 8:30 PMCapital NewsFirst

Article 223 spending jumps sixfold to Sh277bn as CoB warns over budget discipline

Article 223 spending jumps sixfold to Sh277bn as CoB warns over budget discipline

Government spending outside approved budgets has surged dramatically, reaching Sh276.99 billion in the first nine months of the 2025/26 financial year. This represents a nearly sixfold increase compared to the previous year, raising concerns about fiscal discipline.

Read Story
Wednesday 9:24 PMCapital News

Unpaid govt bills rise to Sh465.87bn amid mounting debt ressures

Unpaid govt bills rise to Sh465.87bn amid mounting debt ressures

Kenyan government agencies have accumulated a staggering Sh465.87 billion in unpaid bills as of March 31, 2026, highlighting severe liquidity issues amidst a surging public debt of Sh12.82 trillion.

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Key Highlights

Kenyan government agencies have accumulated a staggering Sh465.87 billion in unpaid bills as of March 31, 2026, highlighting severe liquidity issues amidst a surging public debt of Sh12.82 trillion.

  • The outstanding bills consist of Sh271.16 billion for recurrent expenses and Sh194.71 billion for development projects.
  • The Controller of Budget (CoB) released the report, which also notes significant delays in procurement processes attributed to challenges with the Electronic Government Procurement (e-GP) system.
  • Kenya's public debt surged by 9 percent in the first nine months of the 2025/26 financial year, with domestic debt increasing by 13 percent.
Wednesday 11:12 PMKTN News (Youtube)

Peter Mbae urges MPs to amend or reject budget, blames borrowing on wasteful government spending

Peter Mbae, a prominent figure, is calling on Members of Parliament to either amend or reject the proposed budget, citing excessive government spending as the root cause of increased borrowing.

Key Highlights

Peter Mbae, a prominent figure, is calling on Members of Parliament to either amend or reject the proposed budget, citing excessive government spending as the root cause of increased borrowing.

  • The primary concern is the government's reliance on borrowing, which Mbae attributes to wasteful spending.
  • The key individual urging action is Peter Mbae.
  • This plea comes amidst ongoing discussions and potential legislative decisions regarding the national budget.
Thursday 9:10 AMKTN News (Youtube)

The mood outside Treasury offices as CS Mbadi is expected to read the budget for 2026/27

The mood outside Treasury offices as CS Mbadi is expected to read the budget for 2026/27

The mood outside Treasury offices as CS Mbadi is expected to read the budget for 2026/27

Tension is high outside the National Treasury offices as Cabinet Secretary Mbadi prepares to present the 2026/27 budget amidst nationwide protests. The public awaits crucial financial announcements while grappling with the ongoing matatu strike.

Key Highlights

Tension is high outside the National Treasury offices as Cabinet Secretary Mbadi prepares to present the 2026/27 budget amidst nationwide protests. The public awaits crucial financial announcements while grappling with the ongoing matatu strike.

  • The article highlights the anticipation surrounding public sector financial planning as operators protest rising fuel prices.
  • The key figures are Cabinet Secretary Mbadi and the operators involved in the matatu strike.
  • The underlying issue fueling the unrest is the persistently rising fuel prices impacting public transport services across Kenya.
Thursday 9:20 AMCitizen TV (Youtube)

CS John Mbadi: There is no easy budget. This year’s budget is even more challenging.

CS John Mbadi: There is no easy budget. This year’s budget is even more challenging.

CS John Mbadi: There is no easy budget. This year’s budget is even more challenging.

Kenya's Cabinet Secretary John Mbadi has stated that this year's budget presents a significant challenge. He highlighted the difficulties in formulating the budget due to several critical economic factors impacting the nation.

Key Highlights

Kenya's Cabinet Secretary John Mbadi has stated that this year's budget presents a significant challenge. He highlighted the difficulties in formulating the budget due to several critical economic factors impacting the nation.

  • Titled "There is no easy budget. This year’s budget is even more challenging," the article underscores the added complexity this year.
  • The key person featured is Cabinet Secretary John Mbadi.
  • Notable factors contributing to the budget's difficulty include a major external shock, underperformance in revenue collection, and rising inflation.
Thursday 9:31 AMCitizen TV (Youtube)

CS Mbadi: Ongoing KRA reforms set to boost collections without higher tax rates next financial year

CS Mbadi: Ongoing KRA reforms set to boost collections without higher tax rates next financial year

CS Mbadi: Ongoing KRA reforms set to boost collections without higher tax rates next financial year

Cabinet Secretary John Mbadi announced that ongoing reforms at the Kenya Revenue Authority (KRA) are expected to significantly boost tax collections in the upcoming financial year without the need for increased tax rates.

Key Highlights

Cabinet Secretary John Mbadi announced that ongoing reforms at the Kenya Revenue Authority (KRA) are expected to significantly boost tax collections in the upcoming financial year without the need for increased tax rates.

  • The KRA is implementing reforms to address challenges in tax administration due to the shift towards the digital economy.
  • Key person involved: Cabinet Secretary John Mbadi.
  • Notable detail: The objective is to enhance revenue collection by improving efficiency rather than by raising taxes on citizens or businesses.
Thursday 9:55 AMNTV Kenya (Youtube)

26/27 Budget: CS Mbadi Explains How Govt Will Plug Sh1.1 Trillion Deficit

26/27 Budget: CS Mbadi Explains How Govt Will Plug Sh1.1 Trillion Deficit

26/27 Budget: CS Mbadi Explains How Govt Will Plug Sh1.1 Trillion Deficit

Treasury Cabinet Secretary Prof. Njuguna Ndung'u outlined strategies for the Kenyan government to address a substantial Sh1.1 trillion budget deficit in the 2026/27 fiscal year. The plan involves a combination of revenue enhancement and expenditure rationalization.

Key Highlights

Treasury Cabinet Secretary Prof. Njuguna Ndung'u outlined strategies for the Kenyan government to address a substantial Sh1.1 trillion budget deficit in the 2026/27 fiscal year. The plan involves a combination of revenue enhancement and expenditure rationalization.

  • The government aims to bridge a Sh1.1 trillion deficit.
  • Key figure: Treasury Cabinet Secretary Prof. Njuguna Ndung'u.
  • Strategies include increasing tax revenue and cutting non-essential spending.
Thursday 11:23 AMCapital News

No surprises in Sh4.8 trillion budget: Mbadi

No surprises in Sh4.8 trillion budget: Mbadi

Treasury Cabinet Secretary John Mbadi has stated there will be "no surprises" in the upcoming Sh4.84 trillion 2026/2027 national budget, as most revenue-raising proposals have already undergone public participation.

Read Story

Key Highlights

Treasury Cabinet Secretary John Mbadi has stated there will be "no surprises" in the upcoming Sh4.84 trillion 2026/2027 national budget, as most revenue-raising proposals have already undergone public participation.

  • The national budget for 2026/2027 is valued at Sh4.84 trillion.
  • The key figure involved is Treasury Cabinet Secretary John Mbadi.
  • The budget is being prepared under difficult and uncertain global economic conditions, including rising global tensions and economic disruption, alongside underperforming revenue collection and rising inflation in Kenya.
Thursday 2:08 PMKTN News (Youtube)

Treasury CS John Mbadi makes a way to parliament to read the 2026/27 budget

Treasury CS John Mbadi makes a way to parliament to read the 2026/27 budget

Treasury CS John Mbadi makes a way to parliament to read the 2026/27 budget

Treasury Cabinet Secretary John Mbadi is set to present the 2026/27 budget, amidst ongoing nationwide matatu strikes protesting rising fuel prices.

Key Highlights

Treasury Cabinet Secretary John Mbadi is set to present the 2026/27 budget, amidst ongoing nationwide matatu strikes protesting rising fuel prices.

  • The presentation of the 2026/27 budget is the central event.
  • Key figure: Treasury Cabinet Secretary John Mbadi.
  • Context: The budget reading coincides with widespread matatu strikes driven by rising fuel prices.
Thursday 11:19 AMThe Standard

Budget Day: Cost of living, public spending top Kenyans' concerns

Budget Day: Cost of living, public spending top Kenyans' concerns

In anticipation of President William Ruto’s second-to-last budget reading, the primary concerns for Kenyans revolve around the escalating cost of living and the efficiency of public spending.

Read Story

Key Highlights

In anticipation of President William Ruto’s second-to-last budget reading, the primary concerns for Kenyans revolve around the escalating cost of living and the efficiency of public spending.

  • Citizens from all socioeconomic strata are focused on stretching their finances and demanding better accountability for public funds.
  • Key figures involved include Treasury Cabinet Secretary John Mbadi, who cited global economic pressures and ongoing reforms at the KRA.
  • Many citizens, like John Mwangi from Nyeri, hope the budget will bring tangible relief by lowering the cost of basic commodities and ensuring money is used appropriately.
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Key Highlights

Government spending outside approved budgets has surged dramatically, reaching Sh276.99 billion in the first nine months of the 2025/26 financial year. This represents a nearly sixfold increase compared to the previous year, raising concerns about fiscal discipline.

  • Spending under Article 223 of the Constitution jumped to Sh276.99 billion by March 31, 2026.
  • The Controller of Budget (CoB) issued a warning over the significant increase in expenditure.
  • This surge occurs amidst mounting fiscal pressures, including a public debt that reached Sh12.82 trillion by March 2026.