Treasury kicks off 2026/27 budget hearings, caps ministerial spending at Sh2.8T

The National Treasury has embarked on a three-day public sector hearing for the proposed 2026/2027 budget. This is a key step in the budget-making process, with the treasury projecting a 5.3 percent economic growth rate in the coming financial year. According to the cabinet secretary for the national treasury, John Mbadi, the government remains vigilant to domestic shocks at a time when the International Monetary Fund remains bearish over the global economic outlook.