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PREMIUM Mbadi rules out enhanced borrowing despite reduced revenue projection The CS also ruled out the possibility of introducing new tax measures. Business 18 min ago

PREMIUM Mbadi rules out enhanced borrowing despite reduced revenue projection The CS also ruled out the possibility of introducing new tax measures. Business 18 min ago

By GhanaSummary NewsroomKenya

6 trillion budgeted for the current fiscal year and exceeds the Budget Policy Statement (BPS) expenditure projections as approved by the National Assembly in March this year, by Sh64 billion.82 trillion budget for the fiscal year 2026/27 after its projected additional revenue collection was significantly scaled down in concession to the Finance Bill 2026, now an Act of Parliament.” At a previous meeting with the National Assembly Committee on Budget and Appropriations (BAC) before MPs approved the Finance Bill, CS John Mbadi ruled out any possibility of rationalising the budget, despite calls by MPs.

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