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Originally published by Capital News
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March 10, 2026
2h ago

MPs Approve 2026/2027 Budget Policy Statement, Set Spending Priorities

MPs Approve 2026/2027 Budget Policy Statement, Set Spending Priorities

The House approved a National Government budget ceiling of KSh 2.8 trillion, with the majority allocated to the Executive at KSh 2.7 trillion to fund key policy initiatives, including the Bottom-Up Economic Transformation Agenda. - Kenya breaking news | Kenya news today | Capital..

✨ Key Highlights

Kenyan Parliament has approved the 2026/2027 Budget Policy Statement (BPS), establishing a Sh4.7 trillion fiscal framework and outlining government spending priorities.

  • The approved budget sets a National Government ceiling of Sh2.8 trillion, with the Executive receiving the largest share of Sh2.7 trillion.
  • Key allocations include Sh420 billion for county governments' Equitable Share and Sh4 billion for public participation initiatives.
  • Projected revenue is Sh3.588 trillion, but a Sh148 billion shortfall in actual collections as of December 2025 signals potential fiscal pressure.

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