He argued that Kenyans should have clear information on how much the government borrows from individual commercial banks and the impact of such domestic borrowing on the wider economy
By Chrispho OwuorIn a public notice issued on Thursday, the Treasury said the Budget Statement for the new financial year would outline the government’s spending plans and economic priorities for the period beginning July 2026.
By David AbonyoOkoa Uchumi also pointed to the country’s expanding fiscal deficit, saying it has now crossed Sh1.1 trillion. The coalition noted that the government plans to borrow Sh995.7 billion locally, an amount it said makes up nearly 90 per cent of all borrowing projected for the financial year.
By Maureen KinyanjuiCommittee Chairperson Kuria Kimani said Parliament would need to revisit the budgets submitted by Ministries, Departments, and Agencies after hearing their presentations so that allocations can reflect the changing economic environment.
By Maureen KinyanjuiPS Korir maintained that the additional funding is necessary to accelerate land reforms, expand settlement schemes, and address long-standing land challenges across the country.
By David Bogonko Nyokang'iRevenue projections stand at Sh3.63 trillion from ordinary collections and Sh644 billion from Appropriation-in-Aid. This leaves a funding gap of Sh1.11 trillion, which the government plans to cover through borrowing—Sh995.7 billion from the local market and Sh145.6 billion from external sources.
By Maureen KinyanjuiSpeaking on Radio Generation on Friday, Policy and Strategy Advisor at the Elimu Bora Working Group, Boaz Waruku criticised the allocation of Sh3.5 billion meant for infrastructure development in 400 schools, describing it as unclear and open to abuse.
By David AbonyoAppearing before the committee on March 2, 2026, Mbadi explained that the next phase of transformation will focus on scaling up investments in people, shifting the economy from a net importer to a net exporter,
By David Bogonko Nyokang'iSecondary schools also require extra funding. Senior secondary schools need Sh78.4 billion to fund 3.5 million learners at Sh22,244 per student, yet Sh54.8 billion has been set aside, leaving a shortfall of Sh23.5 billion.
By Bradley BosireIn a report submitted to the Budget and Appropriations Committee (BAC) of the National Assembly, the PBO highlighted that interest servicing costs on the Sh12.1 trillion debt stock are projected to climb further in the medium term.
By Bradley BosireMPs warn a Sh59.9 billion funding shortfall in Kenya’s 2026/27 agriculture budget could stall key fertiliser, livestock and value chain programmes, undermining food security and export crop revival plans.
By David Bogonko Nyokang'iCommittee Chairperson MP Kangogo Bowen said ministries must avoid overextending their budgets, arguing that launching new projects while existing works remain incomplete is impractical.
By Bradley BosireState House Comptroller warned that the current budget would not support key projects, programmes, and operations essential to State House’s mandate.
By David Bogonko Nyokang'iKinyanjui said that the Ministry is targeting increased private sector participation in national development through the Strategic Development Investment Plan (SDIP).
By David Bogonko Nyokang'iSenate Clerk Jeremiah Nyegenye said submissions can be hand-delivered to his office or sent via email to the Senate Finance Committee. “Your taxes, your voice.
By Bradley BosireAt the centre of the agenda are documents from the National Treasury, including the 2026 Budget Policy Statement, the Debt Management Strategy and Sessional Paper No. 3 of 2025, which proposes the sale of part of the government’s stake in Safaricom.
By Bradley BosireThe Treasury expects retirements to accelerate across education, security services, and long-standing ministries, pushing the number of pensioners on the government payroll beyond 370,000 by 2026, up from about 340,000 in 2023. This surge is expected to inflate both monthly pension payouts and lump-sum gratuities.
By Maureen Kinyanjui