Govt to introduce Planning Bill 2026 to align budgets with development plans
Treasury Cabinet Secretary John Mbadi said the proposed legislation will provide a legal framework for national planning, addressing what he described as a longstanding gap in Kenya’s public finance system. Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Kenyan 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.
- The National Government plans to spend Sh4.82 trillion in the 2026/27 financial year.
- Treasury Cabinet Secretary John Mbadi highlighted the absence of specific legislation for national planning.
- The new bill aims to improve public spending and fiscal discipline amid ongoing austerity measures and projected budget deficit of Sh1.17 trillion.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
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.
