MPs greenlight Sh4.7tn spending for 2026/27
The Sh 4.7 trillion framework provides the fiscal blueprint for national, county, and sectoral allocations. The approval followed deliberations by the Budget and Appropriations Committee, which recommended ceilings consistent with fiscal responsibility principles. Kenya breakin..
✨ Key Highlights
Kenyan Members of Parliament (MPs) have approved the 2026/2027 Budget Policy Statement (BPS), a framework allowing for a total government spending of Sh4.7 trillion. This sets spending priorities and directs fiscal allocations for the upcoming financial year.
- The approved budget ceiling for the National Government is Sh2.8 trillion.
- Key allocations include Sh420 billion as Equitable Share to counties and Sh4 billion for public participation initiatives.
- Despite projected revenue growth, a Sh148 billion shortfall in actual revenue collection as of December 2025 signals potential fiscal pressure.
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MPs greenlight Sh4.7tn spending for 2026/27 - March 2026
Kenyan Members of Parliament have approved the 2026/2027 Budget Policy Statement, a framework allowing for total government spending of Sh4.7 trillion. This sets spending priorities and directs fiscal allocations for the upcoming financial year. Separately, the National Treasury's cost of emergency borrowing from the Central Bank of Kenya fell by 55% in the six months ending December 2025, reflecting early impacts of implemented reforms and eased interest rates. Meanwhile, MPs have revised the government's plan to sell a portion of its stake in Safaricom PLC, introducing enhanced protections for employees and business partners in the multibillion-shilling transaction.
