Treasury CS Mbadi Presents Sh4.8 Trillion Budget Amid Scrutiny - June 2026
Treasury Cabinet Secretary John Mbadi presented the 2026/27 National Budget before Parliament today, totaling KSh 4.8 trillion with a proposed expenditure of Ksh 4.8 trillion. The budget aims to raise over Ksh 3.63 trillion to fund this plan, while seeking loans totaling Sh1.2 trillion to bridge a significant budget deficit. Kenyans are expressing skepticism and concern regarding the recently unveiled budget, particularly in light of the persistent and rising cost of living, with 'Hustlers' saying Mbadi's Sh4.8tn plan won't uplift lives. The National Assembly's Budget and Appropriations Committee Chairperson, Mark Mbadi, has underscored the critical need for strict adherence to budget plans to ensure fiscal discipline and efficient resource allocation. Meanwhile, Laikipia County residents have expressed their dissatisfaction with the 2026/2027 budget estimates, fearing they will be financially overburdened.
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