By Ahmed Salat Ali | Political Affairs Reporter, AARAN TV KE Treasury Cabinet Secretary John Mbadi has defended the Government’s proposed KSh4.785 trillion budget for the 2026/27 financial year, as lawmakers intensified pressure on the National Treasury over revenue collection, healthcare financing, pending bills, and fiscal accountability. Appearing before the National Assembly Budget and Appropriations Committee chaired by Alego Usonga MP Samuel Atandi, Mbadi, accompanied by Treasury Principal Secretary Dr. Chris Kiptoo and Director-General for Budget and Fiscal Economic Affairs Albert Mwenda, outlined the Government’s medium-term fiscal framework and spending priorities. The Treasury projects total expenditure at KSh4.785 trillion against anticipated revenue, including Appropriations-in-Aid (A-I-A), amounting to KSh3.629 trillion. This leaves a fiscal deficit of KSh1.111 trillion, equivalent to 5.3 per cent of the country’s Gross Domestic Product (GDP). The Committee, however, ...
By Ahmed Salat AARAN TV KE President William Ruto has reaffirmed the government’s commitment to accelerating grassroots industrialisation through the County Aggregation and Industrial Parks (CAIPs) programme, describing it as a transformative initiative aimed at unlocking economic potential across the country. Speaking at State House Nairobi during the signing of 16 Inter-Governmental Participation Agreements on the establishment of CAIPs, the Head of State said the KSh8.5 billion investment will position counties as hubs of manufacturing, innovation, job creation, and enterprise development. “Our investment in County Aggregation and Industrial Parks is transforming counties into engines of industrialisation, innovation, and economic transformation,” President Ruto said. The President noted that the programme is a joint undertaking between the National Government and county governments, with each of the 34 participating counties receiving a combined investment of KSh500 million to...