The government plans to increase its spending for the current FY by an additional Sh344.8 billion, eroding the budget cuts that it had made last August as it sought to reduce spending.
Cabinet has approved a Sh4.2 trillion budget for the 2025/26 financial year, allocating Sh3.09 trillion to recurrent expenses, Sh725.1 billion to development, and Sh5 billion to the contingency fund
As we all know, the 2025/26 budget process — strictly 2025/26 to 2027/28 Medium-Term Budget process — is well underway, at both national and county government levels.
Senate reconvenes on Tuesday, to prioritise reconstitution of key Senate Committees, critical financial and legislative matters; Majority Leader Senator Aaron Cheruiyot says.
National Treasury Cabinet Secretary John Mbadi has proposed slashing of the development budget to finance essential programmes affected by United State freeze on foreign aid.
The High Court has suspended a deal between the COB and the Council of Governors (CoG) allowing county governments to continue issuing bursaries to institutions outside their scope.
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