NAIROBI, Kenya Jun 11 \u2013 The National Treasury has moved to calm expectations ahead of the Sh4.84 trillion 2026\/2027 national budget, with Treasury Cabinet Secretary John Mbadi saying there are \u201cno surprises\u201d for Kenyans when the spending plan is unveiled.<\/p>\n
Speaking before presenting the budget, Mbadi said most of the revenue-raising proposals had already been in the public domain since April, following the constitutional requirement for public participation.<\/p>\n
\u201cThere are no surprises for Kenyans. The Constitution we have today is robust and changed the way things are being done,\u201d Mbadi said.<\/p>\n
He added that Kenyans will mainly be listening for detailed explanations of what is already contained in the budget estimates and revenue measures.<\/p>\n
\u201cWhat maybe Kenyans will be listening to is the details of these revenue-raising measures and budget highlights. There is really no surprise,\u201d he said.<\/p>\n
Mbadi, however, warned that the 2026\/2027 budget has been prepared under difficult and uncertain global economic conditions.<\/p>\n
He pointed to rising global tensions and economic disruption, saying external shocks are already affecting Kenya\u2019s planning.<\/p>\n
\u201cWe are preparing this budget in the backdrop of a major external shock. There is a war in the Middle East that is disrupting the world economy,\u201d he said.<\/p>\n
The Treasury CS warned that global instability is creating uncertainty in fuel prices, trade, and overall economic performance.<\/p>\n
He also noted that Kenya is facing pressure from underperforming revenue collection and rising inflation.<\/p>\n
\u201cA lot of uncertainties\u2026 and underperformance in revenue collection, and rising inflation. That is a major thing because we are preparing a budget at a time when inflation is rising,\u201d Mbadi said.<\/p>\n
He contrasted the current situation with 2025, saying conditions have become more difficult.<\/p>\n
\u201cLast year inflation was contained. Today, it is rising. So this budget is more challenging,\u201d he added.<\/p>\n
This is Mbadi\u2019s second budget since taking over the National Treasury, and he admitted that no budget process is ever easy.<\/p>\n
\u201cThere is no easy budget,\u201d he said, noting that each financial year comes with new pressures and competing national needs.<\/p>\n
The Sh4.84 trillion spending plan is expected to outline government priorities in development, debt management, and social spending as Kenya navigates a tough economic environment.<\/p>","protected":false},"excerpt":{"rendered":"
NAIROBI, Kenya Jun 11 \u2013 The National Treasury has moved to calm expectations ahead of the Sh4.84 trillion 2026\/2027 national budget, with Treasury Cabinet Secretary John Mbadi saying there are \u201cno surprises\u201d for Kenyans when the spending plan is unveiled. Speaking before presenting the budget, Mbadi said most of the revenue-raising proposals had already been […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-143693","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/143693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=143693"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/143693\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=143693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=143693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=143693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}