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Originally published by The Standard BusinessFebruary 12, 2026
12h ago
From lagging incomes to soaring debts, Ruto's Sh4.73tr budget hits harsh reality

President Ruto rode to power on a promise to uplift the “hustler” class of small traders, farmers, and informal workers...
✨ Key Highlights
Kenya's National Treasury has unveiled a record Sh4.73 trillion budget proposal for the 2026/27 financial year, facing significant challenges due to empty state coffers and taxpayer fatigue.
- The budget proposal for 2026/27 financial year is a record Sh4.73 trillion.
- Treasury CS John Mbadi presented the budget on June 12th, 2025.
- An International Monetary Fund team is expected to assess President William Ruto’s fiscal credibility this month, ahead of next year’s General Elections.
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