Treasury Announces Event to Launch Budget Preparation For 2026/27
- The National Treasury will officially launch the 2026/27 and Medium-Term Budget Preparation Process on August 25, 2025, at KICC
- The event will feature speeches and presentations on the Medium-Term Plan IV, the macro-economic outlook, and the FY 2026/27 budget process
- The event is open to the public and will also be streamed live on the Treasury’s official social media platforms
Elijah Ntongai, an editor at TUKO.co.ke, has over four years of financial, business, and technology research and reporting experience, providing insights into Kenyan, African, and global trends.
The National Treasury is set to officially launch the budget preparation process for the year 2026/2027.
Source: Twitter
In a public notice, Treasury announced that the official launch of the FY 2026/27 and Medium-Term Budget Preparation Process will take place on August 25 2025.
The event will take place at the Kenyatta International Convention Centre (KICC), starting at 8:30 am.
The event will feature key speeches and presentations on the Medium-Term Plan IV (MTP IV), Macro-Economic Outlook for the Medium-Term and the Medium-Term budget process for the FY 2026/27.
Why will Treasury host budget event?
The ministry explained that the launch event is anchored in the constitution of Kenya.
"The launch is anchored in Article 201 of the Constitution and Section 35(2) of the Public Finance Management Act (Cap. 412A), which emphasizes the principles of transparency, accountability, and public participation in the management of public finances," Treasury said.
Who can attend the budget event at KICC?
Treasury noted that the event is open to all members of the public and will provide an opportunity to engage on the country's financial priorities.
Additionally, the proceedings will be streamed live on the National Treasury’s official social media platforms on X, Facebook, and TikTok to provide more access to the public.
Kenya's 2025/26 budget
The event at KICC comes following the completion of a year long budget process for the financial year 2025/26.
Treasury Cabinet Secretary John Mbadi on Thursday, June 12, 2025, presented Kenya’s KSh 4.29 trillion budget for the 2025/26 financial year to the national parliament.
The budget was themed “Stimulating Sustainable Economic Recovery for Improved Livelihoods, Job Creation, Business, and Industrial Prosperity in Line with the Bottom-Up Economic Transformation Agenda.”
Out of the total allocation, KSh 3.1 trillion was allocated to recurrent expenditure and KSh 693.2 billion to development.
Winners in budget allocatins
Key winners in the budget include the Ministry of Agriculture, which received KSh 47.6 billion, the Hustler Fund with an additional KSh 300 million, and the Ministry of Defence with KSh 202.3 billion, alongside new allocations for the National Police Service.
However, education lost KSh 5.9 billion in school capitation and KSh 600 million from the feeding programme, while the Universal Health Coverage scheme saw its allocation reduced to KSh 124.5 billion.
President William Ruto’s office, the State House, and the Deputy President’s office all received slight budget increases despite the heavy strain of a growing public expenditure and the debt burden.
Source: TUKO.co.ke
