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Originally published by The Standard Business
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February 12, 2026
12h ago

From lagging incomes to soaring debts, Ruto's Sh4.73tr budget hits harsh reality

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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