Treasury mulls slashing Sh4.8tr budget, tax hikes still an option

Treasury is considering cutting Kenya’s Sh4.8 trillion 2026/27 budget and possibly raising taxes amid global economic pressures and rising fiscal obligations...

✨ Key Highlights

Kenya's Treasury is considering a significant budget reduction for the 2026-27 fiscal year, potentially slashing the proposed Sh4.8 trillion budget due to prevailing economic challenges.

The Treasury is re-evaluating the Sh4.8 trillion budget for 2026-27.
Key figure involved is Treasury CS John Mbadi.
Tax hikes remain an option, and while not introducing a new mobile tax, existing charges are consolidated into a 25% excise duty.

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