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The National Treasury has confirmed that the official launch of the FY 2026/27 and Medium-Term Budget Preparation Process will take place on Monday, August 25, 2025, at the Kenyatta International Convention Centre (KICC), Nairobi. The event will begin at 8:30 a.m. and will bring together senior government officials, policymakers, county representatives, and development partners.
The launch will feature key speeches and presentations covering:
-The Medium-Term Plan IV (MTP IV), the guiding framework for Kenya’s development agenda.
-The Macro-Economic Outlook for the medium term.
-The budget process for the FY 2026/27 cycle, including government priorities and expenditure plans.
Treasury emphasized that the launch is not merely ceremonial but is anchored in law.
It is grounded in:
-Article 201 of the Constitution, which outlines principles of transparency, accountability, and public participation in public finance management.
-Section 35(2) of the Public Finance Management (PFM) Act, Cap. 412A, which requires open and inclusive budget-making processes.
This legal framework ensures that Kenyans are not only informed but are also given an opportunity to influence fiscal decisions.
The FY 2026/27 budget preparation process will align with Vision 2030 through the implementation of Medium-Term Plan IV (2023–2027).
The plan emphasizes:
-Economic transformation through industrialization.
-Job creation and youth empowerment.
-Social development with focus on healthcare, education, and housing.
-Governance reforms to enhance service delivery and accountability.
By aligning resources to these goals, the government seeks to address short-term economic challenges while steering Kenya toward long-term prosperity.
The budget launch marks the beginning of public consultations across the country. Citizens, civil society organizations, and private sector stakeholders will have the chance to present their views on national priorities.
Public forums will be held at both national and county levels in the coming weeks, ensuring inclusivity and fostering trust in government financial planning.
Treasury stated that by making the budget process open and consultative, the government reaffirms its commitment to good governance and fiscal discipline. This approach not only enhances credibility but also ensures that resources are allocated to areas that reflect the needs of Kenyans.
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