Ruto's Sh4.73tr budget hits harsh reality as incomes lag and debt soars

President Ruto rode to power on a promise to uplift the “hustler” class of small traders, farmers, and informal workers...

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The National Treasury has proposed a record Sh4.73 trillion budget for the 2026/27 financial year, facing significant challenges due to empty state coffers and taxpayer exhaustion. This ambitious plan is under scrutiny as an International Monetary Fund team prepares to assess President William Ruto's fiscal credibility.

The proposed budget for FY 2026/27 is a record Sh4.73 trillion.
Treasury CS John Mbadi presented the budget.
An International Monetary Fund team will evaluate the government's fiscal credibility later this month, ahead of next year's General Elections.

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