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

mbadi budget briefcase

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.