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Originally published by Nation News
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May 25, 2026
12h ago

MPs warn Sh4.8 trillion budget risks overburdening Kenyans with debt

MPs warn Sh4.8 trillion budget risks overburdening Kenyans with debt

They warned that Kenya's proposed budget is completely disconnected from economic realities...

✨ Key Highlights

Members of Parliament are raising concerns over Kenya's proposed Sh4.82 trillion budget for the fiscal year 2026/27, warning it risks overburdening citizens with debt due to current global economic instability.

  • The budget's financing is deemed unsustainable amidst escalating Middle East conflict and soaring fuel prices, impacting Kenya's revenue streams.
  • The National Assembly Committee on Finance and National Planning, led by Molo MP Kuria Kimani, is urging the National Treasury to scale down the expenditure.
  • Kenya's public debt is nearing Sh13 trillion, with the Central Bank of Kenya noting a downward revision of the economic growth forecast to 4.8 percent.

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