National Treasury Cabinet Secretary, Hon. John Mbadi has delivered the Budget Statement for the FY 2026/27 before the National Assembly.

According to the CS, the proposed national budget for the Fiscal Year which stands at 4.82trillion, captures the ideals of both President William Ruto and the Late Raila Omollo Odinga on their aspiration to transform the country’s economy from current status to a more developed nation status.

Former civil servants have petitioned the National Assembly to intervene in what they describe as a discriminatory pension system that has left thousands of retirees struggling with inadequate benefits amid rising living costs.

The petition, presented to the House by Speaker Moses Wetang'ula on 4th June 2026, was submitted by Mr. John Serem, Eng. Richard Bett and Mrs. Olive Chepkoech on behalf of the Kenya National Association of Public Service Pensioners, Kericho Branch.

The Mediation Committee on the Division of Revenue Bill, 2026 has reached a breakthrough agreement setting the equitable share for county governments at Ksh 428 billion.

National Treasury Cabinet Secretary, Hon. John Mbadi is expected to present the 2026/27
Budget highlights in Parliament on Thursday, June 11, following the National Assembly's
approval of the Estimates of Revenue and Expenditure that will guide government spending in
the new financial year.

The Mediation Committee co-chaired by Hon. Samuel Atandi and Sen. (Capt.) Ali Roba has begun deliberations aimed at breaking the deadlock between the National Assembly and the Senate over the proposed allocation of revenue to county governments in the Division of Revenue Bill, 2026.

At the centre of the stalemate is the equitable share allocation to counties. While the National Assembly approved Kshs 420 billion, the Senate amended the Bill to increase the allocation to Kshs 454.7 billion, citing growing financial obligations facing county governments.