CS Mbadi Presents 2026/27 Budget Amid Sh1.1 Trillion Deficit Concerns - June 2026

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. CS 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. Tension is high outside the National Treasury offices as Cabinet Secretary Mbadi prepares to present the 2026/27 budget amidst nationwide protests. The budget is being presented amid ongoing nationwide matatu strikes protesting rising fuel prices.