T
Originally published by The Standard BusinessJune 14, 2026
2h ago
Budget fallacy: How supplementary budgets water down main plan, alter projects
Over the current financial year, the budget for State House was initially set at Sh8.58 billion but this, however, ballooned to Sh17 billion in the supplementary budget. ..
✨ Key Highlights
Supplementary budgets are significantly altering Kenya's main financial plans, leading to inflated spending and project changes.
- The State House budget surged from an initial Sh8.58 billion to Sh17 billion through a supplementary budget approved in April.
- This practice is highlighted by the Treasury, with CS John Mbadi a key figure in budget presentation.
- Supplementary budgets are presented and approved by Parliament, allowing for substantial modifications to the allocated financial blueprint.
Continue Reading
Read the complete article from The Standard Business
Advertisement
Advertisement