CS Mbadi's Sh4.8 trillion tightrope

The current challenging global economic environment is likely to exert pressure on domestic economic performance and fiscal outcomes...

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National Treasury Cabinet Secretary John Mbadi is navigating fiscal consolidation efforts as he presents the Sh4.82 trillion budget highlights for the 2026/27 fiscal year amidst mounting public debt and revenue challenges.

The budget faces a deficit of over Sh1.2 trillion, with significant debt servicing costs of Sh2.31 trillion.
Key players include CS Mbadi, the National Assembly, and the Kenya Revenue Authority (KRA), which has historically missed revenue targets.
The country's public debt is nearing Sh13 trillion, exacerbated by global economic uncertainties and rising fuel costs due to the escalating Middle East conflict.

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