Wednesday, October 14, 2026
  • News
    • Latest News
    • Breaking News
    • Fact Check
    • Investigations
    • Explainers
  • Politics
    • Global Politics
    • Elections
    • Government & Policy
    • Diplomacy
    • Conflicts & Security
    • Political Analysis
  • Business
    • Global Economy
    • Markets
    • Technology
    • Startups
    • Energy
    • Finance
  • World News
    • Americas
    • Asia
    • Asia Pacific
    • Africa
    • Europe
    • Middle East
  • Africa
    • Central Africa
    • East Africa
    • West Africa
    • Southern Africa
  • Health
    • Global Health
    • Public Health
    • Health Policy
    • Medical Research
    • Diseases & Conditions
    • Mental Health
    • Nutrition
    • Climate & Health
    • Health Explainers
  • Sports
    • World Cup 2026
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Culture
    • Arts
    • Film & TV
    • Food and Recipes
    • Music
    • Lifestyle
    • People
    • Travel
  • Opinion
    • Editorials
    • Letters
  • Behind The Brand
REGISTER
LOGIN
No Result
View All Result
The Kenya Times
  • News
    • Latest News
    • Breaking News
    • Fact Check
    • Investigations
    • Explainers
  • Politics
    • Global Politics
    • Elections
    • Government & Policy
    • Diplomacy
    • Conflicts & Security
    • Political Analysis
  • Business
    • Global Economy
    • Markets
    • Technology
    • Startups
    • Energy
    • Finance
  • World News
    • Americas
    • Asia
    • Asia Pacific
    • Africa
    • Europe
    • Middle East
  • Africa
    • Central Africa
    • East Africa
    • West Africa
    • Southern Africa
  • Health
    • Global Health
    • Public Health
    • Health Policy
    • Medical Research
    • Diseases & Conditions
    • Mental Health
    • Nutrition
    • Climate & Health
    • Health Explainers
  • Sports
    • World Cup 2026
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Culture
    • Arts
    • Film & TV
    • Food and Recipes
    • Music
    • Lifestyle
    • People
    • Travel
  • Opinion
    • Editorials
    • Letters
  • Behind The Brand
  • News
    • Latest News
    • Breaking News
    • Fact Check
    • Investigations
    • Explainers
  • Politics
    • Global Politics
    • Elections
    • Government & Policy
    • Diplomacy
    • Conflicts & Security
    • Political Analysis
  • Business
    • Global Economy
    • Markets
    • Technology
    • Startups
    • Energy
    • Finance
  • World News
    • Americas
    • Asia
    • Asia Pacific
    • Africa
    • Europe
    • Middle East
  • Africa
    • Central Africa
    • East Africa
    • West Africa
    • Southern Africa
  • Health
    • Global Health
    • Public Health
    • Health Policy
    • Medical Research
    • Diseases & Conditions
    • Mental Health
    • Nutrition
    • Climate & Health
    • Health Explainers
  • Sports
    • World Cup 2026
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Culture
    • Arts
    • Film & TV
    • Food and Recipes
    • Music
    • Lifestyle
    • People
    • Travel
  • Opinion
    • Editorials
    • Letters
  • Behind The Brand
No Result
View All Result
The Kenya Times ~ Trending, Breaking News and Videos
No Result
View All Result
ADVERTISEMENT

Inside Ruto’s Plan to Borrow Ksh126 Billion Abroad

Morgan WanyonyibyMorgan Wanyonyi
February 12, 2026
Reading Time: 5 mins read
Cs Mbadi Unveils 2027/28 Budget Calendar, Reveals Key Dates For Finance Bill And Budget Statement

President William Ruto alongside former NSE Chariman Kiprono Kittony and Treasury CS Mbadi in a past event. PHOTO/ PSC

FacebookTwitterLinkedInRedditWhatsApp
Advertisement

Treasury Cabinet Secretary John Mbadi tabled the Final Budget Policy Statement 2026 in the National Assembly on February 10, revealing major changes in how the government plans to finance its spending for the 2026/27 financial year.

The latest Policy Statement is the fourth under the Kenya Kwanza Administration and reflects the progress made under the Bottom-Up Economic Transformation Agenda (BETA).

The total size of the 2026/27 Budget has been increased to Ksh4,703.9 billion, up by Ksh62 billion from earlier projections. The increase comes from adjustments across key spending areas:

  • Recurrent spending is now set at Ksh3,456.9 billion, an increase of Ksh25.7 billion.

  • Development spending has been reduced to Ksh749.5 billion, down Ksh9.6 billion.

  • County transfers have been raised to Ksh495.5 billion, up Ksh48.9 billion.

  • Contingency Fund allocation is now Ksh2.0 billion, Ksh3 billion lower than previously projected.


Also Read: Why Kenya Plans to Borrow More at Home in 2026 Budget


Government’s Budget Plan for 2026/2027

According to the budget policy, the government had originally planned to borrow Ksh1,006.6 billion from local banks and Ksh99.5 billion from overseas in the 2026/27 budget.

In the revised plan, domestic borrowing has been lowered to Ksh890.4 billion, while external borrowing has more than doubled to Ksh225.5 billion.

These changes aim to reduce pressure on local interest rates, making credit more accessible to businesses and households.

The government has shifted from domestic borrowing to more international loans, following recent upgrades to Kenya’s credit rating that have increased investor confidence, 

Kenya Kwanza’s BETA Achievements 

The Bottom-Up Economic Transformation Agenda (BETA) program by the Kenya Kwanza Government continues to guide the set investment priorities, focusing on job creation, income growth, and expanded economic participation.

The government has approved the establishment of the National Infrastructure Fund and the Sovereign Wealth Fund to sustainably finance the transformation agenda.

Together, these instruments are expected to mobilize Ksh 5 trillion through domestic resources, monetization of public assets, and crowding-in of private capital, leveraging up to Ksh 10 for every shilling invested.


Also Read: Inside Treasury’s Car Loan Scheme for State Officers and Who Qualifies for Up to KSh5 Million


Privatization proceeds will be ring-fenced to support priority investments in food security, infrastructure expansion, and energy-driven industrialization.

These initiatives will be implemented alongside continued investments in

  • Agriculture
  • MSMEs
  • Housing
  • Health
  • Fiscal Strategy and Reforms

Kenya’s economy has continued to show remarkable resilience, consistently outperforming regional and global averages over the past three years.

“The 2026 BPS is prepared against a backdrop of a resilient yet uncertain global economic environment. Global growth is projected at 3.3 percent in 2026, moderating slightly to 3.2 percent in 2027, reflecting elevated trade policy uncertainty, tighter financial conditions, and persistent geopolitical tensions that continue to weigh on global economic activity,” read the policy statement.

Kenya Revenue Authority will also implement reforms to broaden the tax base, improve compliance, and make tax collection fairer for both small and self-employed taxpayers.

On expenditure, the government plans to improve efficiency through measures such as:

  • e-Procurement and digital management of payroll and investments

  • Implementation of the Treasury Single Account and accrual accounting

  • Strategic use of public-private partnerships

  • Reforms of state-owned enterprises, including privatization and partnerships

Follow our WhatsApp Channel and X Account for real-time news updates.

Kenya’s 2026 Budget: Government'S Plan To Borrow Ksh126 Billion Abroad
National Treasury CS John Mbadi during a Senate Budget and Finance Committee meeting at County Hall, Parliament Buildings on March 18, 2025. PHOTO/Treasury X.

Tags: 2026 BudgetCS National Treasury and Planning
Morgan Wanyonyi

Morgan Wanyonyi

Morgan Wanyonyi holds a Bachelor of Science in Communication and Journalism from Rongo University and is a journalist with interests in writing and storytelling.

Related Posts

Trans Nzoia Power Projects

Trans Nzoia Power Projects Target Nearly 11,000 Homes

October 14, 2026
Kenyan Mp Wins Global Award

Kenyan MP Wins Global Award

October 14, 2026
Gachagua Hints At Fuel Price Increase Ahead Of Epra Review

Gachagua Hints at Fuel Price Increase Ahead of EPRA Review

October 14, 2026
Chebara Youth Polytechnic

KSh700M Investment Upgrades Chebara Schools, Youth Polytechnic

October 13, 2026
ADVERTISEMENT

The Kenya Times Facebook

LATEST NEWS

  • Trans Nzoia Power Projects Target Nearly 11,000 Homes
  • Court Clears Path for Dangote’s Lamu Oil Refinery
  • EPRA Announces New Fuel Prices for October-November Cycle
  • Kenya Confirms Second Ebola Case
  • How to Import Milk Buffaloes from India to Kenya: Costs, Licenses and Process
  • KCSE 2026 Timetable: Date and Time Each Paper Will Be Examined
  • Bobby Ogolla: How Gor Mahia’s ‘Six Million Dollar Man’ Made His Name
  • Motorist Jumps Out of Car, Recovers iPhone 15 Pro Max After Police Chase
  • Fastest Routes to Get From JKIA to Nairobi CBD
  • UDA Secretary General Hassan Omar Summoned
  • Kenyan MP Wins Global Award
  • Profile of Esther Arunga, Former KTN Anchor Who Dropped Husband’s Surname After 16 Years
  • How Mamlaka Hill Chapel Grew From 80 Worshippers Under Bishop Ng’ang’a Before His Dismissal
  • Why SRC Asked 2 Senior Judges to Step Aside From High-Profile Car Allowance Case
  • India Issues Kenya Travel Advisory Over New Entry Requirement
ADVERTISEMENT

Company

About Us

Our Authors

Our Experts

Social Media

Policies

Privacy Policy

House Rules

Standards and Policies

Terms and Conditions

Subscription

My Account

Contact Us

Contact Us

Join Our Team

Advertise With Us

© Copyright 2026 | The Kenya Times | All Rights Reserved

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Your Privacy and Cookies
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
LOGIN | REGISTER
  • Login
  • Sign Up
  • Cart
No Result
View All Result
  • News
    • Latest News
    • Breaking News
    • Investigations
    • Explainers
    • Fact Check
  • Politics
    • Global Politics
    • Conflicts & Security
    • Elections
    • Diplomacy
    • Government & Policy
    • Political Analysis
  • Business
    • Global Economy
    • Markets
    • Technology
    • Startups
    • Energy
    • Finance
  • World News
    • Americas
    • Asia
    • Asia Pacific
    • Africa
    • Europe
    • Middle East
  • Africa
    • East Africa
    • West Africa
    • Southern Africa
    • Central Africa
  • Health
    • Global Health
    • Public Health
    • Health Policy
    • Medical Research
    • Diseases & Conditions
    • Mental Health
    • Nutrition
    • Climate & Health
    • Health Explainers
  • Sports
    • World Cup 2026
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Culture
    • Arts
    • Film & TV
    • Food and Recipes
    • Lifestyle
    • Music
    • People
    • Travel
  • Opinion
    • Editorials
    • Letters
  • Behind The Brand
  • Contact Us

Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?