CS Mbadi Sends Budget Notice to Kenyans Amid Plans to Review PAYE
This comes as the government has, in the past, assured the public of key changes in the taxation process, among them the inclusion of a 0 per cent rate for incomes up to Ksh30,000 and revised taxation for higher income brackets...
✨ Key Highlights
The National Treasury is inviting Kenyans to submit their ideas for the 2026/27 Budget Statement, which is set to be presented to Parliament on June 11, 2026. The public consultation aims to gather proposals on economic policy, expenditure priorities, and tax measures.
- The Treasury is seeking ideas for reducing the cost of living, enhancing food security, and creating opportunities for youth and women.
- Key figures involved include CS John Mbadi and President William Ruto.
- Submissions should be sent to budgetstatement@treasury.go.ke and budgetstatement@gmail.com by close of business on May 8, 2026.
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Treasury Issues Update on Kenya Pipeline Status After Privatisation - April 2026
The National Treasury has officially removed the Kenya Pipeline Company (KPC) from its list of state entities following the completion of its Initial Public Offering (IPO), marking a significant milestone in Kenya's privatisation efforts. The Treasury had previously received Ksh103 billion from the partial sale of KPC. Meanwhile, the Controller of Budget, Dr Margaret Nyakango, issued a strong warning that the proposed Sovereign Wealth Fund (SWF) Bill, 2026, could allow significant revenues to bypass the Consolidated Fund, potentially violating the Constitution. Separately, the National Treasury invited Kenyans to submit their ideas for the 2026/27 Budget Statement, set to be presented to Parliament on June 11, 2026, with public consultation focused on economic policy, expenditure priorities, and tax measures.
