Treasury Cabinet Secretary John Mbadi will on Thursday present Kenya’s Sh4.8 trillion 2026/27 Budget Statement in Parliament starting at 3:00 p.m.
The proposed national spending plan totals Sh4.8 trillion. Education, health, security, and infrastructure will receive the largest allocations to support President William Ruto’s Bottom-Up Economic Transformation Agenda (BETA).
The budget projects a fiscal deficit of about Sh1.1 trillion, with the tax authority and other revenue sources expected to raise Sh3.6 trillion. These projections follow the recently concluded parliamentary and public debates surrounding the contentious Finance Bill 2026 and Kenya’s national debt-servicing obligations.
Last year’s Finance Bill sparked widespread unease among Kenyans, leading to protests that were dubbed the Gen Z protests after the young people who spearheaded demonstrations across the country.
This will be Mbadi’s second budget as Treasury Cabinet Secretary after ODM joined what has been described as a board-based government.
It comes at a time of slow economic growth, a situation compounded by the ongoing conflict in the middle East. The conflict has driven up fuel prices, increasing costs across the economy and placing additional pressure on Kenya’s growth prospects.
