A look inside Ruto’s elections budget
Mbadi will today deliver a speech on this year’s budget, which the govt has argued is modest in new taxes...
✨ Key Highlights
President William Ruto's administration is set to implement a Sh4.8 trillion budget for the 2026/27 financial year, heavily focused on infrastructure projects and with a reduced emphasis on new taxes, as a key campaign strategy for his re-election bid.
- The budget allocates Sh840.6 billion for development, with a significant portion directed towards roads and the Standard Gauge Railway (SGR).
- Key figures include Treasury Cabinet Secretary John Mbadi, who will present the budget, and President William Ruto, seeking re-election.
- The administration is leveraging alternative financing models like public-private partnerships (PPPs) and revenue securitisation, including from the controversial Affordable Housing Levy, to fund these large-scale projects.
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CS Mbadi's Sh4.8 trillion tightrope - June 2026
National Treasury Cabinet Secretary John Mbadi presented the Sh4.82 trillion budget for the 2026/27 fiscal year, navigating fiscal consolidation efforts amidst mounting public debt and revenue challenges. The budget is heavily focused on infrastructure projects with reduced emphasis on new taxes, serving as a key campaign strategy for President William Ruto's re-election bid. This comes as the government also cut its 2026 economic growth forecast to 5 percent, down from 5.3 percent, due to the impact of the Middle East conflict on global energy markets and rising fuel costs. Additionally, the government is set to introduce the Planning Bill 2026 to create a legal framework for national planning and ensure budgets are aligned with development objectives.
