Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    CS Mbadi to Deliver 2026/27 Budget Statement on June 11

    David WafulaBy David WafulaMay 28, 2026No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    mbadi budget reading
    mbadi budget briefcase
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    National Treasury Cabinet Secretary John Mbadi will deliver Kenya’s Budget Statement for the 2026/2027 financial year on Thursday, June 11, 2026, at 3:00 p.m. in Parliament.

    In a statement, Mbadi confirmed the date and time for the presentation of the national budget, which is expected to outline the government’s spending priorities and fiscal plans for the upcoming financial year.

    “This is to notify the general public that the Budget Statement for the financial year 2026/2027 will be delivered by the Cabinet Secretary for the National Treasury on Thursday, June 11, 2026, from 3:00 p.m. in Parliament,” Mbadi said.

    The 2026/27 budget proposes a record Sh4.7 trillion expenditure plan, representing an increase from the Sh4.2 trillion budget in the previous financial year.

    According to the fiscal framework, the government projects to raise Sh3.5 trillion in revenue, including Sh2.9 trillion from tax collections. This leaves a projected fiscal deficit of Sh1.11 trillion, which the government plans to finance through both domestic and external borrowing.

    Of the proposed expenditure, Sh3.45 trillion has been allocated to recurrent spending, while Sh749.5 billion is earmarked for development expenditure.

    County governments are set to receive Sh420 billion in equitable share allocations, with total county funding projected to rise to Sh495 billion after factoring in additional allocations.

    Infrastructure remains one of the key beneficiaries of the spending plan, with Sh230 billion allocated for road construction and maintenance. Other notable projects include Sh436 million for the Nairobi Railway City project and Sh500 million for dredging works at Kisumu Port.

    The agriculture sector has also received significant allocations, including Sh8 billion for fertilizer subsidies and debt relief measures targeting the coffee and sugar industries.

    Mbadi has recently been at the forefront of explaining proposals contained in the Finance Bill 2026, seeking to clarify concerns over measures perceived to increase the tax burden on Kenyans.

    The Finance Bill 2026 is currently undergoing public participation through the National Assembly, with various stakeholders presenting submissions to parliamentary committees before lawmakers consider proposed amendments.

     

    Stay connected via Google News
    Follow us for the latest news updates and guides.
    Add as preferred source on Google

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    David Wafula

    Related Posts

    KRA Clarifies eTIMS and IFMIS Invoice Validation for Government Suppliers

    October 20, 2026

    KRA Announces New RECTS Roll-Out Starting October 26

    October 20, 2026

    Co-op Bank wins Award for Water Finance at Africa Water Forum 2026

    October 19, 2026

    Comments are closed.

    Latest Posts

    Linda Mwananchi Movement Condemns Attack on Former Meru Governor Mwangaza

    October 21, 2026

    Gigiri Detectives Arrest Suspect Captured in Viral Video Attacking, Robbing Man in Parklands

    October 21, 2026

    International Press raises alarm over American journalist Margot Kiser’s deportation from Kenya

    October 21, 2026

    How to Live With Toxic Parents

    October 21, 2026

    How to Live With a Partner With ADHD

    October 21, 2026

    How to Live With Parents as an Adult

    October 21, 2026

    How to Live With a Partner Who Is HIV Positive

    October 21, 2026

    How to Live With People Who Hate You

    October 21, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.