Kenya has begun its 2027/28 budget cycle earlier than planned, with the Treasury projecting KSh5.323 trillion in spending and a KSh1.321 trillion deficit. The move comes as the government seeks to align financial planning with the upcoming election timetable.
Treasury Cabinet Secretary John Mbadi has also defended the government’s proposal for Vision 2060, a new long-term development blueprint. He emphasized that the plan is not a personal initiative but a national effort to guide Kenya’s future. Mbadi noted that Vision 2030 is nearing the end of its implementation phase, and the country must now prepare for the next stage of development.
The government aims to ensure continuity in economic planning as it transitions from Vision 2030 to Vision 2060. Mbadi stressed that the new vision should reflect the country’s evolving needs and priorities. The timing of the budget process and the development of Vision 2060 are seen as key steps in shaping Kenya’s economic and social trajectory ahead of the elections.
