C
Originally published by Capital News
πŸ“° Read Full Article
top
June 11, 2026
1h ago

CS Mbadi Defends Tough 2026/27 Budget Amid Economic Pressures

CS Mbadi Defends Tough 2026/27 Budget Amid Economic Pressures

Mbadi said there is β€œno easy budget,” noting that this year’s spending plan has been shaped by a combination of external economic shocks. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has defended the challenging 2026/27 budget, citing significant economic pressures including external shocks, underperformance in revenue collection, and rising inflation.

  • The budget is considered one of the most difficult in recent years due to difficult economic realities.
  • Key individuals include CS John Mbadi, representing the Treasury.
  • The budget aims to balance public expenditure, debt obligations, and demand for essential services amidst public calls for tax relief and lower commodity prices.

Continue Reading

Read the complete article from Capital News

πŸ“° Read Full Article
Advertisement

Related News

Advertisement