CS Mbadi outlines plans to finance KSH. 429 Trillion budget

  • | Citizen TV
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    Kenya’s National Treasury Cabinet Secretary, John Mbadi, has outlined an ambitious plan to finance the Ksh 4.29 trillion budget for the 2025/2026 financial year. Part of that includes a deficit of over 923 billion shillings, which will largely be financed through domestic borrowing. A third of the local revenues are expected to come from income taxes on salaries and business profits.