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Treasury CS Mbadi Presents Sh4.8 Trillion Budget Amid Scrutiny
Treasury Cabinet Secretary John Mbadi presented the 2026/27 National Budget before Parliament today, proposing a spending plan worth KSh 4.8 trillion with a deficit of Sh1 trillion that the government aims to bridge through loans. National Assembly Speaker Moses Wetang'ula defended President William Ruto's absence during the budget reading, emphasizing that the President has a constitutional right to attend or delegate. The budget allocation includes significant funding for education, health, agriculture, and housing sectors to address cost of living concerns. Kenya's National Treasury is seeking loans totaling Sh1.2 trillion to bridge the budget gap, while CS Mbadi revealed that only 3.1 million working Kenyans currently contribute to the Pay As You Earn tax system. Mixed reactions emerged from Kenyans as they weighed priorities in the record-breaking budget allocation.
Health Sector Receives Sh175.5 Billion for Universal Health Coverage
Kenya's Treasury Cabinet Secretary John Mbadi has presented the 2026/27 National Budget, allocating Sh175.5 billion to the health sector to inject new momentum into the Universal Health Coverage initiative. The new budget proposes relief measures impacting the cost of living, with significant allocations also directed to the agriculture and housing sectors. However, challenges within the Strategic Health Authority continue to raise concerns even as the Kenyan health budget sees an increase, with questions remaining about the SHA system's implementation.
Kenyan Education Sector Leads Budget Allocation Despite Challenges
The Kenyan government has prioritized education in its budget allocation, leading the sector despite ongoing challenges within the system. The Kenyan Ministry of Education has received a significant allocation in the new financial year's budget, aimed at strengthening the education sector. Meanwhile, the European Union Delegation to Kenya and Equity Group Foundation have partnered to broaden access to education and international learning, with an agreement aiming to benefit high-achieving students within Kenya and the wider region.
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