Treasury proposes Sh261bn for transport in FY2026/27 budget; Sh220.4bn for roads, Sh38.4bn for railways, Sh582m for Nairobi Bus Rapid Transport Project
CBK Governor Thugge reveals the global lender is yet to disburse a Sh96.9 billion loan under its development policy operation.
Tax incentives that drove EV numbers from 1,200 to over 35,000 at risk as zero-rated status shifts to exempt. ICPAK and tax analysts caution that removing incentives will trigger job losses.
US Treasury Secretary threatened to target ally Oman if it helped impose a tolling system in the key Strait of Hormuz, warning of sanctions against all parties involved in such actions.
Treasury is considering cutting Kenya’s Sh4.8 trillion 2026/27 budget and possibly raising taxes amid global economic pressures and rising fiscal obligations.
The government plans to use an extra Sh5 from the fuel levy as collateral to raise Sh120 billion for road projects, increasing pressure on motorists and road maintenance funds.