NAIROBI, Kenya Jun 11 – 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\n\n\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\n\n\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\n\n\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\n\n\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\n\n\n
Mbadi, however, warned that the 2026\/2027 budget has been prepared under difficult and uncertain global economic conditions.<\/p>\n\n\n\n
He pointed to rising global tensions and economic disruption, saying external shocks are already affecting Kenya\u2019s planning.<\/p>\n\n\n\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\n\n\n
The Treasury CS warned that global instability is creating uncertainty in fuel prices, trade, and overall economic performance.<\/p>\n\n\n\n
He also noted that Kenya is facing pressure from underperforming revenue collection and rising inflation.<\/p>\n\n\n\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\n\n\n
He contrasted the current situation with 2025, saying conditions have become more difficult.<\/p>\n\n\n\n
\u201cLast year inflation was contained. Today, it is rising. So this budget is more challenging,\u201d he added.<\/p>\n\n\n\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\n\n\n
\u201cThere is no easy budget,\u201d he said, noting that each financial year comes with new pressures and competing national needs.<\/p>\n\n\n\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>\n","protected":false},"excerpt":{"rendered":"
Mbadi has revealed that the Sh4.82 trillion budget comes at a tough economic moment shaped by inflation and global instability.<\/p>\n","protected":false},"author":13976,"featured_media":773530,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,4625,26],"tags":[91,1981,2552,491,59535,13894],"coauthors":[1753],"class_list":["post-803243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kenya","category-national-news","category-top-stories","tag-budget","tag-featured","tag-john-mbadi","tag-kenya","tag-kenya-2026-budget-john-mbadi-sh4-82-trillion","tag-kenya-budget"],"yoast_head":"\n